01/19/2011 [ACCESSWIRE]
MISSISSAUGA, Ontario, January 19, 2011 — AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled Mexico Turning Into Mecca for Junior Miners & Major Producers Alike
Companies mentioned in this article include Goldcorp, Inc. (TSX:G, NYSE:GG), Primero Mining Corporation (TSX:P) and Westminster Resources, Inc. (TSX-Venture:WMR).
Article Excerpt:
Gold looks to be making a turn again as it has added more than $10 back to its totals so far this week; breaking back north of $1,370 per ounce. While some people remain focused on the short-term aspects of gold prices, the majority of investors in the precious metal or mining companies are still focused on the long-term picture which has most people expecting the prices to continue upward in coming years. Other metals such as silver and copper continue to be in high demand and are not anticipated to see any significant decline in price in the near term and certainly not in the future with analysts, once again, calling for increases prices for the valuable metals.
Mining companies continue to search worldwide to find locations where gold is prolific, with contrasting opinions in many cases. Africa has historically been a global leader as a producer of gold, but data shows that it has been sliding over the years as many mines are reaching the end of their lifespan and miners are working towards production in new mines in the years to come. The United States and Mexico, which weighed in at producing only around 4 percent of the worlds gold back in the 1970s have experienced a turn over the last couple decades with production now in the neighborhood of 10 percent each year of the worlds gold.
The full version of this article can be found at:
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