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Opening Glance: Gold mining company stocks open higher



25 April 2008 @ 10:24 am EST

NEW YORK (AP) - Shares of gold mining companies opened higher Friday as broader market gains offset a small decline in the price of the precious metal.

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Quotes
GFI 11.88 -0.07
NEM 48.01 -0.95
ABX 44.44 -0.25
GG 43.86 -0.51

SYMBOL LOOKUP

Gold traded in London at $883.50 per troy ounce, down from $891.10 late Thursday. In Zurich, gold traded at $882.35 bid per troy ounce, down from $891.20.

Here is how some gold miners companies are trading:

Goldcorp Inc. rose 36 cents to $36.66

Gold Fields Ltd. rose 14 cents to $13.85

Newmont Mining Corp. rose $1.13, or 2.6 percent, to $44.10

Barrick Gold Corp. rose 17 cents to $39.40.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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