The news, when it came following a period of differences of view on strategy between the board and management was delivered very late Sunday night: CEO George Ogilvie was gone.
Billionaires are dumping massive amounts of money into gold right now and seeing huge returns. They are now ahead of a game that has seen prices rise almost 14 percent this year—even with the recent correction.
TORONTO - Centerra Gold Inc. (TSE:CG) says its Kumtor subsidiary is the target of a fresh criminal investigation by the Kyrgyz Republic and that several senior managers have been advised they won't be allowed to leave the central Asian country.
Billionaire investor George Soros’s fund made a big wager on gold during the first quarter and bumped up its “put” option in an ETF that tracks the S&P stock index.
