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Tuesday, Dec. 18 2012

Standard & Poor’s is less than impressed by gold miners’ attempts in recent years to boost their share prices.

The credit rating agency has already downgraded three major gold producers this year. And in a report released Tuesday, it warned against miners’ growing tendency to amass debt as they struggle to boost shareholder returns.

http://www.theglobeandmail.com/globe-investor/investment-ideas/gold-producers-need-to-stop-piling-on-debt-sp-warns/article6546791/

 

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