Victor Lazarovici Quotes



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Ongoing | Structural | Deficits | Years | Reason |
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Since making recent highs in February, gold stocks have continuously come down in price. We have reached a level that is uncomfortable for the industry. Some of the higher-cost producers are starting to feel the pinch.
- Victor Lazarovici

The reason for the joint venture is risk mitigation. Rio Tinto and everyone else (in the field) is increasingly looking into more remote areas for new production and particularly for large, underdeveloped mines in Russia and Africa -- two regions where large ore bodies have yet to be discovered or developed.
- Victor Lazarovici
