Precious Metals Summit: Top industry minds reflect on surging gold price, humdrum equities
Experts predict gold, which hit an all-time high of $2,554.78 per oz. on Thursday, to be on a long-term bull run.
Canadian base metals miner HudBay Minerals Inc raised its stake in Augusta Resource Corp to 14.3 percent by buying 5.4 million more shares in the company for C$21.3 million.
HudBay now holds 20.2 million shares of Augusta Resource, up from about 14.8 million earlier, the company said on Monday.