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Barrick Gold Corp T.ABX

Alternate Symbol(s):  GOLD

Barrick Gold Corporation is a Canada-based gold and copper producer, which is engaged in the production and sale of gold and copper, as well as related activities, such as exploration and mine development. It has ownership interests in producing gold mines that are located in Argentina, Canada, Cote d'Ivoire, the Democratic Republic of the Congo, the Dominican Republic, Mali, Tanzania and the United States. It has ownership interests in producing copper mines in Chile, Saudi Arabia and Zambia. Its operations include Nevada Gold Mines, Bulyanhulu, Hemlo, Jabal Sayid, Kibali, Loulo-Gounkoto, Lumwana, North Mara, Porgera, Pueblo Viejo, Tongon, Veladero and Zaldivar. Its Bulyanhulu operation is located in north-west Tanzania, approximately 55 kilometers (km) south of Lake Victoria and 150 km southwest of the city of Mwanza. The Hemlo operation is located north of Lake Superior on the Trans-Canada Highway, approximately 35 km east of Marathon, Ontario, and it is an underground operation.


TSX:ABX - Post by User

Bullboard Posts
Comment by Lestat_MTLon Jul 03, 2013 1:57am
131 Views
Post# 21585916

RE:To Greenhorn

RE:To Greenhornblade,

You're right. Not all commodities are down. Exxon and Chevron for example and others are way up. It's all over the map. Sometimes a lot of it is due to the wealth effect, inflation in the money supply and foreigners rushing into US stocks.

I'm not sure exactly what is going on, all I know is a few things are very artificial and very wrong. That Chinese Interbank lending credit freeze is not longer be talked about but that black swan happened for a reason. I have a feeling the core problem is not resolved despite the Chinese injection of capital into some of it's banks.
Bullboard Posts