Gold miners, bullion set to extend gains, Northern Star says

Gold producers will extend this year’s share gains with bullion prices likely to continue to rise on haven demand, according to Australia’s third-largest producer. “We are on a longer-term trend for the gold price,” Northern Star Resources CEO Bill Beament said in an interview with Bloomberg Television broadcast Tuesday. “The valuations have still got a long way to go and people are projecting the gold price to go up.”