The Investment Reporter, in its Jan. 9, 2015, issue, says hold Barrick Gold Corp., recently $12.59. The Reporter said buy 22 times from Nov. 17, 1995, to March 1, 2013, at prices ranging from $23.52 to $47.75. Assuming an investment of $1,000 for each of the 22 buys, the $22,000 position would now be worth $9,039. Barrick has suffered a number of blows in recent years. One was the sharp decline in the price of gold, which has made some mines uneconomic. A second shock was the suspension of development the company's Pascua-Lama project, despite already having sunk a lot of money into it. Now, Barrick is suspending operations at the Lumwana copper mine in Zambia in response to increased royalty rates in that country. Effective Jan. 1, 2015, Zambia's royalty rate will jump to 20 per cent from 6 per cent, though it eliminates corporate income tax. Higher costs for copper production and lower prices for the metal were hurting Barrick's results. The stock remains a hold until the gold industry, and mining in general, improves.