Barrick cuts hedging as gold price shines (Elko Daily Free Press)

Sep 10, 2009   //   by Admin   //   Scrap Gold Prices  //  Comments Off

ELKO — Barrick Gold Corp.’s confidence in the gold price led the company to decide to eliminate its hedgebook, and the strong first-day response Tuesday to a stock sale to finance the dehedging led to Barrick’s decision to raise its share offering today.

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Barrick cuts hedging as gold price shines (Elko Daily Free Press)

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