Analysts are talking about woes for the mining sector if gold’s price stays ~$1,400/oz.,...

|By:, SA News Editor

Analysts are talking about woes for the mining sector if gold’s price stays ~$1,400/oz., including production cutbacks and lower dividends. Sterne Agee expects more declarations of austerity from management teams during upcoming Q1 results and shareholder meetings. Warning of dividend cuts, Morningstar notes payouts had been ratcheted up aggressively as gold prices climbed.