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Opening Glance: Gold mining shares open higher



By AP
21 May 2008 @ 10:09 am EST

NEW YORK - Shares of gold mining companies opened higher Wednesday as the price of the precious metal increased in European trading.

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Quotes
AUY 5.54 -1.34
NEM 29.23 -4.77
ABX 30.03 -4.96
GG 25.55 -4.05

SYMBOL LOOKUP

Gold traded at $921.70 per troy ounce, up $1.50 in morning trading on the New York Mercantile Exchange.

Here is how some gold miners were trading:

Goldcorp Inc. rose 94 cents, or 2.2 percent, to $44.04.

Yamana Gold Inc. added 43 cents, or 2.7 percent, to $16.35.

Newmont Mining Corp. rose 15 cents to $50.03.

Barrick Gold Corp. rose $1.05, or 2.5 percent, to $43.40.

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 This material may not be published, broadcast, rewritten or redistributed.

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