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Shopping time for gold majors?

Gold producers have perhaps never had it so good, with robust working capital and cash positions, generally positive net debt, dividends flowing and share buy-backs underway.

Shopping time for gold majors? Shopping time for gold majors? Shopping time for gold majors? Shopping time for gold majors? Shopping time for gold majors?

Low valuations could tempt buyers

Despite the pain experienced by gold equities in recent months, $1,700/oz gold is still a historically high price, even if it has pulled back from the $2,075/oz all-time high earlier this year.