Barrick Gold (ABX) hikes as Zambian mine suspended

Barrick Gold Corporation (NYSE: ABX) shares gained 2.6% to $11.04, on word that the company will initiate procedures to suspend operations at the Lumwana copper mine in Zambia following the passage of legislation that raises the royalty rate on the country's open pit mining operations from 6% to 20%. Share volume totaled 573,000, compared to an all-day average of three million