A smart money expert named Imaru Casanova watches gold prices. She says gold costs two thousand nine hundred dollars. People want to see if gold companies can make more money from this high price.
Big gold companies will tell everyone how much gold they found last year. Barrick comes second for finding the most gold. They will share their news first. Then Agnico Eagle will tell their story today. Newmont, the biggest gold finder, will speak on February 20.
The companies that dig lots of gold see their business growing stronger. Their money value went up thirty-one percent this year. This makes the owners very happy because gold itself only went up a small amount.
Some gold companies face hard times. Barrick has trouble in Mali. The army leaders there took gold from Barrick's mine and stopped them from sending it away. Barrick also needs to fix problems at other mines far away in Papua New Guinea and the Dominican Republic.
Newmont wants to spend less money on running its mines. It pays a lot to work in Australia, Canada, Peru, and Papua New Guinea. It sold some of its assets and made four billion three hundred million dollars.
People who study these companies want them to do better work. The companies must show they can handle problems and keep their costs down even when gold prices go up. Martin Pradier, who knows about money, says when gold prices rise, things become more expensive. He wonders if these companies can manage their money well.
Big gold companies will tell everyone how much gold they found last year. Barrick comes second for finding the most gold. They will share their news first. Then Agnico Eagle will tell their story today. Newmont, the biggest gold finder, will speak on February 20.
The companies that dig lots of gold see their business growing stronger. Their money value went up thirty-one percent this year. This makes the owners very happy because gold itself only went up a small amount.
Some gold companies face hard times. Barrick has trouble in Mali. The army leaders there took gold from Barrick's mine and stopped them from sending it away. Barrick also needs to fix problems at other mines far away in Papua New Guinea and the Dominican Republic.
Newmont wants to spend less money on running its mines. It pays a lot to work in Australia, Canada, Peru, and Papua New Guinea. It sold some of its assets and made four billion three hundred million dollars.
People who study these companies want them to do better work. The companies must show they can handle problems and keep their costs down even when gold prices go up. Martin Pradier, who knows about money, says when gold prices rise, things become more expensive. He wonders if these companies can manage their money well.
