Barrick Gold News

Gold When it comes to gold I really only have two things to say: Barrick Gold Kinross Gold Why? ... glad you asked! Gold, Silver, and Copper ... as in Cerro Casale, Chile WOW!!!! Kinross acquired its 49% interest in the Cerro Casale gold-copper deposit in northern Chile on February 28, 2007, through its acquisition of Bema Gold.

Some of the most active companies traded Friday on the Toronto Stock Exchange and the TSX Venture Exchange: Toronto Stock Exchange : Eastern Platinum Ltd.

In the past 20 months, precious-metals investors have witnessed both extremes of an adrenaline-packed roller-coaster ride.

The following stocks were among those that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE: Synovus Financial Corp., up 37 cents at $2.15 A recent drop in the shares prompted an analyst to upgrade the "high risk" Columbus, Ga.-based regional bank.

Shares of the following companies are having unusual moves in U.S. trading. Stock symbols are in parentheses, and prices are as of 1:45 p.m. in New York.

Global mining giant Barrick Gold Corp. will continue work on its new $500-million Cortez Hills mine in Nevada even though the U.S. Court of Appeals ordered more environmental analysis on the mining project.

When the world's biggest gold miner launched a gigantic stock issue to help it profit from an upswing in the precious metal's price, it was a clear sign the Canadian mining industry's fortunes had turned the corner on a truly dismal slump.

Canadian stocks fell for the first time in three days, led by gold producers, as bullion retreated from a record after a gauge of U.S. service industries unexpectedly declined.

The Canadian Press The Toronto stock market looked headed for a positive open Tuesday as commodity prices rose amid rising belief on the part of investors that the Dubai credit crisis will be contained.

A federal appeals court on Thursday temporarily blocked construction of a massive gold mine project in northeast Nevada that critics say would harm the environment and ruin a mountain that several tribes consider sacred.

Canadian stocks rose for a second day, led by materials producers, as gold prices climbed to a record on demand for an alternative to the U.S. dollar.

Stock markets head for higher opening amid moves to restructure Dubai World debt A woman walks past an electronic stock indicator in Tokyo, showing Japan's benchmark Nikkei 225 stock average rose 226.65 points, or 2.4 percent, to 9,572.20, the highest close since Nov.

The Canadian Press The Toronto stock market closed higher Wednesday with much lift coming from mining stocks as bullion hit another record high close.

Canadian stocks rose the most in a month, led by raw material and energy producers, as a drop in the value of the U.S. dollar pushed gold to a record and copper, silver and oil prices climbed.

Some of the most active companies traded Tuesday on the Toronto Stock Exchange and the TSX Venture Exchange: Toronto Stock Exchange : Manulife Financial Corp.

A woman walks past an electronic stock indicator in Tokyo, showing Japan's benchmark Nikkei 225 stock average rose 226.65 points, or 2.4 percent, to 9,572.20, the highest close since Nov.

Blogs Tuesday, December 1, 2009 2:38 PM Barrick closes gold hedge Andrew Willis W hen Barrick Gold announced plans in early September to eliminate a contentious hedging program, the world's biggest gold miner gave itself up to a year to shut down a massive derivative position.

Barrick Gold has eliminated its hedge book ahead of schedule so the company can enter 2010 fully exposed to the price of gold.

Canadian stocks fell at the end of trading, paring a monthly gain in the main index, as gold producers slid and Research In Motion Ltd.

The gold bulls were strong enough to push bullion prices back from a big opening drop Friday, but option traders were less enthusiastic about the companies that extract the metal.