Barrick’s John Thornton Weighs Return to Gold Hedging
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Four years after Barrick Gold Corp. stopped hedging bullion sales, its next chairman, John Thornton, says the practice makes sense and is worth considering.
Thornton, a former Goldman Sachs Group Inc. president and currently Barrick’s co-chairman, spoke yesterday after the world’s biggest producer of the metal announced he would succeed Chairman Peter Munk next year.