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It's payback time

Gold mining in Australia, Canada and South Africa is booming thanks to near-record prices in local currencies but with success comes a critical question: what will the gold miners do with their cash windfall?

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Giving money back to shareholders is more complicated a concept than one might think (401kcalculator.org)

That might sound like a simple question but it goes to the heart of every business. Management invariably wants to invest in more and bigger mines.

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