Gold miners fall as bullion prices drop 3.2%
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U.S.-listed gold miners fell in premarket trading as spot gold prices declined 3.2% to $4,149.89 per ounce, reaching their lowest level since August 5.
U.S.-listed gold miners fell in premarket trading as spot gold prices declined 3.2% to $4,149.89 per ounce, reaching their lowest level since August 5.
Challenger Gold (ASX:CEL) secured agreements for US$24 million in convertible debentures to bolster working capital.
South African miner Gold Fields has reportedly expressed interest in acquiring Australia's Northern Star Resources (ASX:NST).
U.S.-listed gold mining shares gained before the market opened as rising bullion prices lifted the sector, with spot gold reaching $4,377.32 per ounce.
