Gold price barrels through $1,400
Citigroup: "Enthusiasm is justified" and $1,500 to $1,600 is possible within 12 months.

Citigroup: "Enthusiasm is justified" and $1,500 to $1,600 is possible within 12 months.
Lost production in the first week of the labour action amounts to about 3,500 tonnes of copper.
Company already has around 60 workers onsite, surveying and clearing for access to project's location.
Oil should be flowing through a new pipeline by the second or third quarter of 2022, Trans Mountain Corporation CEO said.
The country's Constitutional Court has rejected calls for a referendum, which could have halted the miner's flagship Cascabel and other projects.
The study finds technology and business model obstacles in pursuing full autonomy; urges mining sector to create open and interoperable standards.
Gold price surge to highest since 2013 light fire under gold mining stocks.
Eros Copper Corp is focused on copper production in the Vale do Curaca Property in Brazil where it has been operating for 39 years.
wned and operated by GoGold Resources, the Parral project involves the reprocessing of old tailings to recover silver and gold.
The goal is to have the project shovel ready in the first half of 2020 followed by commercial production in 2021.
The expansion would double output to 15 million tonnes of 66.2% iron concentrate annually.
Previous explorers at Arakaka have spent more than $20 million on the project.
Rio Tinto will continue to provide Award for Indigenous Students, offering financial support to Indigenous students interested in science, technology, engineering and mathematics (STEM) careers.