China rescuers prepare escape route for trapped gold miners

Gold bullion advancing for a fifth straight day as equities posted fresh losses after the worst year since the financial crisis.

Barrick now trades as GOLD in New York and continues as ABX in Toronto.

China’s No.1 gold miner aims to sell up to 3.4 billion A shares to investors, a plan which is subject to shareholder and regulatory approval.

Bullion futures held near a six-month high after topping $1,280 an ounce.

Companies should start preparing for when the rules come into effect.

The attention of the mining industry has shifted.

At market close on Friday, Defiance Silver’s stock had jumped 25% and ValOro Resources’ stock was up 33%.

The iconic entrepreneur and founder of gold mining giant Barrick Gold has donated $300 million to institutions in Canada.

Gold is closing out 2018 with a flourish.