Barrick Gold, the largest gold producer in the world, has taken steps to address its long-term gold hedging program. In his early years, Barrick hedging program is an important factor, allowing the firm to grow amid falling gold prices. But Barrick’s management team faced questions about their hedging program, when the price of gold began to rise in the 2000s. The case allows students to consider Barrick hedging program and to consider the impact of their decision not to hedge for the future.

Barrick Gold, the largest gold producer in the world, has taken steps to address its long-term gold hedging program. In his early years, Barrick hedging program is an important factor, allowing the firm to grow amid falling gold prices. But Barrick’s management team faced questions about their hedging program, when the price of gold began to rise in the 2000s. The case allows students to consider Barrick hedging program and to consider the impact of their decision not to hedge for the future.
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from
Murray Bryant,
Ken Mark
Source: Ivey Publishing
16 pages.
Release Date: 17 February 2011. Prod #: W11036-PDF-ENG
Barrick Gold: The elimination of the gold hedging strategy HBR case solution