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Opening Glance: Gold mining stocks open lower



By AP
27 May 2008 @ 10:23 am EST

NEW YORK - Shares of gold mining companies fell Tuesday in early trading as the price of the precious metal slipped in European trading.

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Quotes
GFI 9.1 -0.34
NEM 45.1 -0.13
ABX 34.73 -0.29
GG 33.93 -0.2

SYMBOL LOOKUP

Gold traded in London at $923.75 per troy ounce, down from $926.25 late Friday. Markets were closed in London on Monday for a public holiday.

Here is how some gold miners are trading:

Goldcorp Inc. fell $1.99 to $40.12

Gold Fields Ltd. shed 57 cents to $13.44

Newmont Mining Corp. dropped $1.16, or 2.5 percent, to $47.54

Barrick Gold Corp. fell $1.36, or 3.2 percent, to $40.72.

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 This material may not be published, broadcast, rewritten or redistributed.

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