Barrick jumps as one-third of gold hedge reversed (Toronto Star)

Oct 30, 2009   //   by Admin   //   Scrap Gold Prices  //  Comments Off

Barrick Gold Corp. lost $5.4 billion (U.S.) in the third quarter due to the windup of its gold hedging program, but the big miner said this move, as well as several low-cost projects set to come online in the next few years, position it to prosper from a rising gold price.

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Barrick jumps as one-third of gold hedge reversed (Toronto Star)

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