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Closing Glance: Gold mining companies close lower

By Associated Press
July 7, 2008 | Comments (0)

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Shares of gold mining companies closed lower Monday as the price of the metal declined in U.S. trading.

Gold for August delivery fell $3.80 to $928.80 an ounce on the New York Mercantile Exchange.

Here is how some gold mining companies fared.

Goldcorp Inc. fell 89 cents, or 2 percent, to $44.37.

Yamana Gold Inc. slid 69, or 4.3 percent, to $15.21.

Harmony Gold Mining Co. Ltd. lost 50 cents, or 4.2 percent, to $11.48.

Newmont Mining Corp. gave up $1.19, or 2.4 percent, to $48.96.

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