Barrick Gold, the biggest gold company on the planet, has taken steps to get rid of its gold hedging plan that was longstanding. In its early years, Barrick's hedging system proved to be a crucial variable enabling the company to grow amidst falling gold prices. When gold prices began to increase in the 2000s but Barricks management team faced questions about its hedging plan. The case enables students think about the effect of its own choice not to hedge going and to review Barrick's hedging plan.
PUBLICATION DATE: February 17, 2011 PRODUCT #: W11036-HCB-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING
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