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Opening Glance: Gold mining companies open higher



By AP
27 June 2008 @ 10:08 am EST

NEW YORK - Shares of gold mining companies opened higher Friday as the price of the commodity gained in U.S. trading.

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Quotes
GFI 9.44 0.08
NEM 45.23 0.01
ABX 35.02 -0.48
GG 34.13 -0.14

SYMBOL LOOKUP

The price of gold rose $9.40 to $924.50 per ounce.

Here is how some gold miners are trading:

Goldcorp Inc. rose $1.65, or 3.7 percent, to $45.05.

Gold Fields Ltd. rose 40 cents, or 3.4 percent, to $12.32.

Newmont Mining Corp. rose 9 cents to $52.27.

Barrick Gold Corp. rose $1.45, or 3.4 percent, to $44.49.

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 This material may not be published, broadcast, rewritten or redistributed.

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