Australia's Gold Miners Struggle With Prices, Costs

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TANA GOLDFIELDS
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Australia's Gold Miners Struggle With Prices,
Costs

• SYDNEYAustralia's gold producers are struggling
  to deal with the dual blow from rising costs and
  falling prices, casting a shadow over earnings
  results that are due next month.

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• The latest production reports from Newcrest
  Mining Ltd., Australia's largest listed gold
  miner, and the smaller OZ Minerals Ltd. Thursday
  pointed to higher costs and tighter
  marginsunderscoring the challenge facing
  producers after gold's biggest quarterly drop in
  decades.

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• Gold prices have fallen more than 20 since the
  start of January amid expectations the U.S. would
  start to taper its program of monetary easing as
  its economy stabilizes, putting miners of the
  precious ...