Wednesday, October 6, 2010

Peter Hambro, Gold May Reach $1,500 an Ounce by Christmas, Then Much Higher

Oct. 5 (Bloomberg) -- Peter Hambro, chairman of Petropavlovsk Plc, a gold and iron ore mining and exploration company in Russia, talks about the outlook for gold prices. Hambro, speaking from Moscow, also discusses plans to sell shares in IRC Ltd., the company's iron-ore unit in an initial public offering. He speaks with Maryam Nemazee on Bloomberg Television's "Countdown."

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