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Opening Glance: Gold-mining shares open lower



By AP
12 June 2008 @ 10:08 am EST

NEW YORK - Shares of gold mining companies opened lower Thursday as the price of the metal fell in early U.S. trading.

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Quotes
GFI 9.3 0.64
NEM 44.89 1.64
ABX 35.99 2.28
GG 34.88 2.45

SYMBOL LOOKUP

The price of gold on the New York Mercantile Exchange fell $17.80 to $861.90 per ounce.

Here is how some gold mining companies are trading:

Goldcorp Inc. fell $1.09, or 2.8 percent, to $38.21

Gold Fields Ltd. fell 43 cents, or 3.7 percent, to $11.26

Newmont Mining Corp. fell 96 cents, or 2.1 percent, to $46.18

Barrick Gold Corp. fell $1.31, or 3.3 percent, to $38.25.

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 This material may not be published, broadcast, rewritten or redistributed.

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