PRECIOUS METALS HIGHLIGHTS : Top Stories Of The Day
02/22/2013| 10:02am US/Eastern
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TOP STORIES:
BARRICK SAYS ACCESS TO PERU MINE BLOCKED BY RESIDENTS
LIMA, Peru--Canada's Barrick Gold Corp., the world's largest gold producer by output, said Thursday that a group of about 200 people have set up blockades to its Lagunas Norte mine in northern Peru over demands for jobs and development projects.
STORIES OF INTEREST:
NEWMONT MINING SWINGS TO 4TH-QUARTER PROFIT AFTER YEAR-AGO WRITE-DOWN
Newmont Mining Corp. swung to a fourth-quarter profit as a large write-down weighed on the gold-mining company's year-ago results.
ANZ CUTS 2013 GOLD OUTLOOK ON BETTER USD OUTLOOK, QE DOUBTS
Australia and New Zealand Bank Friday cuts its price forecast on gold for this year, citing an improving outlook for the U.S. dollar and recent signs that the U.S. may cut short its easy-monetary policies.
MARKETS:
SPOT GOLD HIGHER; SEEN STRUGGLING TO GAIN FURTHER TRACTION
Gold is edging higher on the European spot market Friday, helped by a weaker dollar and some opportunistic buying at lower price levels, but it is expected to struggle to break back above the $1,600 a troy ounce in the coming weeks.
- Write to Jaya Matta at jaya.matta@dowjones.com
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