Bloomberg reported that record gold prices in September led to higher dividends for shareholders of Barrick Gold (NYSE:ABX).
Looking for assurance and direction, gold investors are considering everything from supply to European debt, but there is a common oversight--miners.
Forbes reported that earnings for Barrick Gold (NYSE:ABX) are increasing along with the rise in gold prices.
Bloomberg reported that Barrick Gold (NYSE:ABX) will be upgrading its two Peru-based gold mines at a cost of over half a billion dollars.
Bloomberg reported that Barrick Gold (NYSE:ABX) sees gold prices remaining high on inflation in China and India.
The Street reported that higher gold prices helped increase Barrick Gold's (TSE:ABX) net income by 35% this quarter.
Gold investors who haven't paid attention to Nevada in the past may want to begin doing so now. Focus is warranted to an area in Pershing County where mining companies are busy unearthing what could be the US' next major gold trend.
Financial Post reported that Barrick Gold (NYSE:ABX) is investing $20 million in Carpathian Gold (TSE:CPN).
"Mongolia has finally arrived on the global mining scene," investment banker Bold Baatar recently told a delegation of mining executives attending a conference in the capital Ulan Bator. "Over the next five to 10 years we are going to produce a world class mining industry that will rival Chile or Brazil."
Reuters Africa reported on a lawsuit between Barrick Gold (TSE:ABX) and Goldcorp (TSE:G).
Wednesday, October 26, 2011