Tuesday, April 18, 2006

Strike at Newmont

There was a bit of news yesterday regarding the worker strike at Newmont Mining's Yanacocha gold mine in Peru. Here are the Reuters and Business News Americas stories. Peru's Buenaventura also owns a large stake in the mine.

June gold was up $4.50 to close at $623.30 an ounce, according to a recent CBS Marketwatch update.