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Message: barrick to buy back gold hedges

Barrick has finally decided to bite the bullet after denying any problem all these years..I found the following in the article to be Barrick's last gasp. If you have ever talked to Barrick's customer relations you know how much they have denied any future loss for many years...glad to see them face up and drop their shorts!

"A $5.6 billion charge to earnings will be recorded in the third quarter as a result of a change in accounting treatment for the contracts."

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