The Financial Post reported that the halting of production at Barrick Gold Corp.’s (TSX:ABX,NYSE:ABX) Pascua-Lama mine is continuing to cause problems for the company, with JPMorgan Chase & Co. (NYSE:JPM) downgrading the company’s stock.
As quoted in the market report:
Having some of the industry’s biggest mines, Barrick has been most exposed to capital spending overruns and is still in growth mode,” Mr. Bridges said.
There Is No Guide to Gold That is More Concise, Clear and Authoritative.Download our FREE Special Report, Is Gold a Good Investment? Gold Price Today and Future Gold Price Predictions.