Gold Stocks Up Sharply (ABX, GSS, IAG)
Gold Stocks
Dallas, TX 11/03/2009 05:17 PM GMT (TransWorldNews)
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Gold futures got back their earlier gains Tuesday after a report showed
the U.S. factory sector has continued to rebound, knocking the U.S. dollar
further off its session highs.
Barrick Gold
Corporation (USA) (NYSE:ABX)
soared 6.50% to $38.82. Barrick Gold Corporation (Barrick) is engaged the
production and sale of gold, as well as related activities, such as exploration
and mine development.
Golden Star
Resources Ltd. (USA) (AMEX:GSS)
rose 9% to $3.56. The stock has recovered over 750% from its 52-week low of
$0.40. Golden Star Resources Ltd. (Golden Star) is an international gold mining
and exploration company that produces gold in Ghana, West Africa.
IAMGOLD Corporation
(USA) (NYSE:IAG)
climbed 9% to $14.50. AMGOLD Corporation is engaged in the exploration,
development and operation of gold mining properties and the operation of a
niobium mine. Its interests include seven operating gold mines, a niobium
producer, a diamond royalty, and exploration and development projects located
throughout Africa and the Americas.
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