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Tuesday, June 22, 2010

Kinross (NYSE:KGC) , Eldorado Gold (NYSE:EGO), Iamgold (NYSE:IAG) Up As Gold Rebounds

Kinross Gold (NYSE:KGC) (TSE:K), Eldorado Gold (NYSE:EGO), Iamgold Corp. (NYSE:IAG) (TSE:IMG) are partaking in the rebound of gold after noon today in New York, as investors start to return to the metal after taking profits from last week's two record-breaking gold price days.

At 1:21 PM EDT, gold prices were at $1,240.20 an ounce, a gain of $7.60.

Eldorado Gold led the gold miners today, and continues to hold strong, hitting $18.04, a $0.25 increase, or 1.41 percent gain, as of 1:22 PM EDT.

Kinross Gold was close in share price to Eldorado Gold, standing at $18.24, a gain of $0.16, or 0.88 percent, also at 1:22 PM EDT.

Also at about the same share price was Iamgold, which stood at $18.23 a share at the same time as the others, increasing $0.20, or 1.11 percent.

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