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Gold prices on the rise: what does this mean for miners?

Rising gold prices are providing a ray of light for a mining sector that is struggling to cope with a commodity slump. Australian gold production has risen to a 12-year high as mothballed mines are brought back online, while high-cost South African gold operations have received a boost as the rand plunges against the dollar. Why is gold the best-performing commodity of early 2016, and what effects could this have on the industry?


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