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Barrick stock falters after S&P downgrades over Pascua-Lama 'execution risks'

Frik Els | August 01, 2012 | 2:20 pm Base Metals Precious Metals Latin America Copper Gold 

Ratings agency Standard & Poor's has downgraded Barrick Gold blaming higher forecast capital spending and "execution risks surrounding Pascua-Lama", the world number one miner's flagship new project. Barrick's shares fell sharply at the open Wednesday on the news that the...

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