8 Stocks And ETFs That Deal With Gold

While gold go up and down, every since anybody could remember it has been steadily moving higher. The following is a list of stocks and ETFs that have something to do with gold… (Descriptions taking from Google Finance)

1. Goldcorp (GG)

Engaged in the acquisition, exploration, development and operation of precious metal properties. The Company’s principal product is gold. In addition to gold, the Company also produces silver and copper. It has gold mineral reserves at the Red Lake Gold Mines, the Porcupine Mine, the Musselwhite Mine, the Marigold Mine, the Wharf Mine, the El Sauzal Mine and the Nukay Mine; gold and silver mineral reserves at the Los Filos Mine, the San Dimas Mines and the Marlin Mine; gold and copper mineral reserves at the Alumbrera Mine; gold, silver and copper mineral reserves at the Pueblo Viejo Project, and gold, silver, lead and zinc mineral reserves at the Penasquito Project. On September 25, 2008, Goldcorp completed its acquisition of Gold Eagle Mines Ltd

2. Randgold Resources (GOLD)

Randgold Resources Ltd. is engaged in gold mining, exploration and related activities. Its activities are focused on West and East Africa. In Mali, it has an 80% controlling interest in the Loulo mine through Societe des Mines de Loulo S.A. The Loulo mine is mining from two open pits and one underground mine, and is developing a further underground mine. The Company also owns 50% of Morila Limited, which in turn owns 80% of Morila SA, the owner of the Morila mine in Mali. In addition, it owns an effective 84% controlling interest in the development-stage Tongon project located in Cote d’Ivoire. It owns an effective 83% controlling interest in the Massawa project in Senegal. It also has exploration permits and licenses covering substantial areas in Mali, Cote d’Ivoire, Burkina Faso, Ghana, Senegal and Tanzania.

3. Barrick Gold Corp (ABX)

Barrick Gold Corporation (Barrick) is engaged the production and sale of gold, as well as related activities, such as exploration and mine development. Barrick also produces copper and holds interests in a platinum group metals development project and a nickel development project, both located in Africa, and a platinum group metals project located in Russia. Barrick has four regional business units (RBUs): North America, South America, Australia Pacific and Africa. On March 5, 2008, Barrick completed the acquisition of additional 40% interest in the Cortez property. During the year ended December 31, 2008, the Company acquired Cadence Energy Inc.

4. Kinross Gold (KGC)

Kinross Gold Corporation (Kinross) is engaged in the mining and processing of gold and as a by-product, silver ore, and the exploration for, and the acquisition of, gold bearing properties in the Americas, the Russian Federation and worldwide. The principal products of Kinross are gold and silver produced in the form of dore that is shipped to refineries for final processing. Kinross’ share of proven and probable mineral reserves, as of December 31, 2008, was 45.6 million ounces of gold and 105.8 million ounces of silver. On July 31, 2008, Kinross completed the sale of its 40% interest in the Hammond Reef project to Brett Resources Inc. On September 30, 2008, it acquired Aurelian Resources Inc.

5. Newmont Mining (NEM)

Newmont Mining Corporation (Newmont) is primarily a gold producer with significant assets or operations in the United States, Australia, Peru, Indonesia, Ghana, Canada, New Zealand and Mexico. As of December 31, 2008, Newmont had proven and probable gold reserves of 85 million equity ounces and an aggregate land position of approximately 38,840 square miles.The Company has operating segments of Nevada, Yanacocha in Peru, Australia/New Zealand, Batu Hijau in Indonesia, Africa and Other Operations comprising smaller operations in Bolivia and Mexico. It also has Hope Bay segment in Canada. As of December 31, 2008, the Company had proven and probable gold reserves of 85 million equity ounces.

6. Buenaventura Comp (BVN)

Compania De Minas Buenaventura S.A.A. (BVN) is a precious metals company, engaged in the exploration, mining and processing of gold, silver and, to a lesser extent, other metals, in Peru. The Company operates the Julcani, Recuperada, Orcopampa, Poracota, Uchucchacua, Antapite and Ishihuinca mines and has controlling interests in two other mining companies, which operate the Colquijirca, Marcapunta and Shila-Paula mines. The Company also owns an electric power transmission company and an engineering services consulting company, and has minority interests in several other mining companies, including a significant ownership interest in Yanacocha, a Peruvian partnership that operates gold mine in South America, and Cerro Verde, a Peruvian company that operates a copper mine located in the south of Peru

7. Spider Gold Trust (GLD)

SPDR Gold Trust (the Trust), formerly StreetTRACKS Gold Trust, is an investment trust. The Trust holds gold, and from time to time, issues SPDR Gold Shares (Shares) in Baskets, in exchange for deposits of gold and distributes gold in connection with redemptions of Baskets. A Basket equals a block of 100,000 Shares. The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion.

8. Yamana Gold (AUY)

Yamana Gold Inc. is a Canada-based gold producer engaged in gold mining and related activities, including exploration, extraction, processing and reclamation. It has significant properties involved in gold production, gold development, exploration and land positions throughout the Americas, including Brazil, Argentina, Chile, Mexico and Central America. The Company is producing gold and other precious metals at intermediate company production levels in addition to significant copper production.

Also check out 5 ways to invest in gold.