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Opening Glance: Gold mining shares open mostly up



By AP
20 May 2008 @ 10:12 am EST

NEW YORK - Shares of gold companies open mostly higher Tuesday as the price of the precious metal gained in European trading.

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Quotes
GFI 6.89 -0.94
NEM 34.4 -1.18
ABX 30.01 -2.08
GG 24.65 -2.09

SYMBOL LOOKUP

Gold traded in London at $907.00 per troy ounce, up from $902.40 late Monday.

Here is how some gold miners were trading:

Goldcorp Inc. gained 94 cents to $42.20.

Gold Fields Ltd. slipped 15 cents to $14.02.

Newmont Mining Corp. rose 45 cents to $49.51.

Barrick Gold Corp. rose $1.01, or 2.5 percent, to $41.93.

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 This material may not be published, broadcast, rewritten or redistributed.

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