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Closing Glance: Gold mining shares close higher

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May 8, 2008

NEW YORK—Shares of gold mining companies rose Thursday as the broader stock market gained and the price of the precious metal increased.

Gold for June delivery rose $10.90 to settle at $882.10 an ounce on the New York Mercantile Exchange.

Here is how some gold miners are trading:

Goldcorp Inc. rose $2.51, or 6.7 percent, to $39.89.

Gold Fields Ltd. rose 50 cents to $13.90.

Newmont Mining Corp. rose $1.30, or 2.9 percent, to $46.52.

Barrick Gold Corp. rose $1.23, or 3.2 percent, to $40.24.

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