Case Name :      Barrick Gold: Eliminating the Gold Hedging Strategy

Authors :           Murray Bryant, Ken Mark

Source :             Ivey Publishing

Case ID :            W11036

Discipline :        Accounting

Case Length :    16 pages

Solution Sample availability : YES

Plagiarism : NO (100% Original work)

Barrick Gold, the largest gold producer in the world, has taken steps to eliminate its longstanding gold hedging program. In its early years, Barrick’s hedging program was a key factor allowing the firm to grow amidst falling gold prices. But Barricks management team faced questions about its hedging program when gold prices started to rise in the 2000s. The case allows students to review Barrick’s hedging program and consider the impact of its decision not to hedge going forward.