Financial Post -

“We believe the market should reward those gold miners who finance projects with attractive economics using debt because it would enhance their returns and help leverage exposure to gold,” Mr. Guy said. “We also think that investors will like producers, which in the absence of attractive growth options, optimize their capital structure by taking on more debt and returning capital to investors.”

http://business.financialpost.com/2012/05/14/which-miners-can-raise-debt-to-boost-returns-and-dividends/