Barrick

FRANKFURT - Gold has hit a fresh record high today of over $1,719 an ounce, its 11th record high in the last 19 trading sessions. Shares of most unhedged gold miners, however, are far from their all-time highs and well below their 52-week highs. Barrick Gold (NYSE: ABX), for example, though up...

J.P. Morgan said that it believes brownfield expansions at existing mines will be an important part of Barrick Gold Corporation's (NYSE: ABX) production target of 9mnozs by 2015. “These extra ounces support our new target price for Barrick at $64, up from $54,” J.P. Morgan writes. Barrick closed...