Higher Gold Prices Boost Barrick Profits
Bloomberg reported that Barrick Gold (NYSE:ABX) reported a 2.8% increase in first quarter profits, helped by higher gold prices.
Articles Tagged "NYSE:ABX"
Highland Shares Plunge Following Barrick Discounted Stake Sale
Bloomberg reported that shares of Highland Gold (LSE:HGM) dropped sharply after Barrick Gold (NYSE:ABX) sold its stake in the company at a discount.
Increase in Net-Long Positions Suggests Gold Poised to Rally
CFTC data suggests that hedge funds are holding their biggest bet on higher prices since mid-September. Money managers raised their combined net-long position in US futures and options by 6.8 percent to 148,279 contracts in the week ended Nov. 1.
Barrick Raises Dividend 25% After Gold Price Advances to Record
Bloomberg reported that record gold prices in September led to higher dividends for shareholders of Barrick Gold (NYSE:ABX).
Soaring Gold Prices Make Barrick Shine
Forbes reported that earnings for Barrick Gold (NYSE:ABX) are increasing along with the rise in gold prices.
Barrick to Invest $550 Million in Peru to Extend Mine Output
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.
Barrick Says Gold to Remain High on China, India Inflation
Bloomberg reported that Barrick Gold (NYSE:ABX) sees gold prices remaining high on inflation in China and India.
Humboldt Gold: A Trend Waiting to Happen?
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.
Barrick Completes Sale of $4.0 Billion of Debt Securities
Barrick Gold Corporation (NYSE:ABX,TSE:ABX) announced it has sold $4 billion in debt securities.
Barrick Gets Final Approval on Equinox Deal
Reuters Africa reported that Barrick Gold (NYSE:ABX) received Zambia's approval to acquire Equinox (TSE:EQN).
