Ivey Publishing

Product Details

American Barrick Resources Corporation
Product Number:
9A90B050
Publication Date:
01/01/1990
Revised Date:
03/25/2002
Length:
28 pages
Product Type:
Case (Field)
Source:
Ivey
The focus of the case is on techniques for hedging gold production. The primary strategy is min/max strategy using over-the-counter gold option contracts. The recent gold price increase from a low of $360 within the year, to a current price of over $394 was making the roll-over decision that much more difficult than if prices had remained stable. The hedging decision involves the quantity of hedges to initiate, the timing of the moves, and the medium through which Barrick could most efficiently make the adjustment. The case permits a discussion of option contracts, forwards and gold loans.
Issues:
Disciplines:
Finance,  International
Industries:
Mining, Quarrying, and Oil and Gas Extraction
Setting:
Canada/USA, Large, 1989
Intended Audience:
Undergraduate/MBA
Price:
$5.30 CAD / $5.00 USD Printed Copy
$4.50 CAD / $4.25 USD Permissions
You Might Also Like...

Save In: