Inflation, China's stumbling economy, and apocalyptic fear are driving a new gold boom. Investors think this time there'll be no bust [Yahoo! Finance]
Barrick Gold Corporation (BC) (GOLD)
Last barrick gold corporation (bc) earnings: 2/12 07:00 am
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Source: Yahoo! Finance
Standing at its edge, you can watch a constant stream of 24-foot-tall hauler trucks make the roughly hour-long trip into the abyss to collect pay dirt. You'd need a ladder to climb into the cab of one of these monsters, which weigh over a million pounds each, and stop their steady crawl only to switch drivers, fill their 1,200-gallon tanks with diesel, or load up 370-ton payloads of gold ore. From up here, perspective tends to warp: Townhouse-size trucks begin to look like ants as they descend, and their operators entirely slip from view. Off in the distance, you can make out a few of the 21 other mines in this complex in the desolate high desert. Nevada Gold Mines—a joint venture between the world's largest gold mining companies, Barrick Gold and Newmont Corp.—is the most productive gold mining operation on earth. The microscopic gold dust in those 370-ton truckloads of dirt can't be seen with the naked eye, but after the entire pile has gone through the latest high-heat, press
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GOLD
News
- Inflation, China's stumbling economy, and apocalyptic fear are driving a new gold boom. Investors think this time there'll be no bust [Fortune]Fortune
- Inflation may not be tamed. How commodities can protect your portfolio [FOX Business Network]FOX Business Network
- Hercules Intersects 338 Meters of 0.47% Cu with Mineralization Increasing at Depth and to the North [Yahoo! Finance]Yahoo! Finance
- Tuesday's analyst upgrades and downgrades [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Australian mine company to pay Mali junta $160 million after its CEO and 2 employees were detained [Yahoo! Finance Canada]Yahoo! Finance Canada
GOLD
Earnings
- 11/7/24 - Miss
GOLD
Sec Filings
- 11/8/24 - Form SC
- 11/7/24 - Form 6-K
- GOLD's page on the SEC website