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Closing Glance: Gold mining shares finish lower



By AP
22 May 2008 @ 04:14 pm EST

NEW YORK - Shares of gold mining companies mostly fell Thursday as the price of the precious metal declined in U.S. trading.

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Quotes
GFI 8.33 0.11
NEM 31.61 0.53
ABX 29.01 0.89
GG 25.16 0.46

SYMBOL LOOKUP

Gold for June delivery dropped $10.30 to $918.30 an ounce on the New York Mercantile Exchange, its first drop in six sessions.

Here is a look at how some gold miners fared in Thursday's trading:

Goldcorp Inc. fell $1.05, or 2.4 percent, to $41.96.

Gold Fields Ltd. rose 15 cents to $14.17.

Newmont Mining Corp. fell 61 cents to $48.99.

Barrick Gold Corp. fell 13 cents to $42.56.

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 This material may not be published, broadcast, rewritten or redistributed.

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