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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

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To: Wade who wrote (10519)	9/10/2009 9:50:52 AM
From: Wade	of 48092

mineweb.com After 21 years, Barrick will finally wean itself off gold hedging More than two decades ago, Barrick transformed the international mining industry with its new-fangled policy of hedging gold production. Now Barrick admits it's finally time to let its hedgebook go. Author: Dorothy Kosich Posted: Wednesday , 09 Sep 2009 RENO, NV - With Tuesday's announcement by Barrick that it was eliminating gold hedges and floating contracts, a 21-year old policy--which transformed the former one-gold mine company into a global gold mining success , but subsequently was derided by analysts, investors and GATA-may finally be put to rest. ...more

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