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Gold majors climb

Barrick shrinking, Newmont growing; market liking both plans

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Batu Hijau passing lane ... Seller Newmont is lifting gold output; rival Barrick's production is heading down

Batu Hijau passing lane ... Seller Newmont is lifting gold output; rival Barrick's production is heading down

TSX-listed Barrick (TSX: ABX) is still carrying net debt of US$6.8 billion – 30% of its current market cap of $22.56 billion – after repaying $850 million during the quarter. Up to $4.5 billion of further...

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