Canadian miner Barrick reports lower preliminary gold, copper output for first quarter [Globe and Mail, The (Toronto, Canada)]
Barrick Gold Corporation (BC) (GOLD)
Last barrick gold corporation (bc) earnings: 2/12 07:00 am
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Source: Globe and Mail, The
Barrick reported a total preliminary output of 940,000 ounces of gold and 40,000 tonnes of copper in the three months ended March 31, down from 1.05 million ounces of gold and 113 million pounds of copper in the previous quarter. All-in sustaining costs (AISC) per ounce of gold in the quarter, an industry metric that reflects total expenses, is expected to be about 7 per cent to 9 per cent higher than previous quarter. Copper's AISC for the first quarter is expected to rise between 14 per cent to 16 per cent from the previous quarter. U.S. shares of the firm were 1.4 per cent lower in premarket trading, while spot gold was down 0.4 per cent. The Toronto, Canada-based company is scheduled to release its fourth-quarter results on May 1, 2024. Tickers mentioned in this story Study and track financial data on any traded entity: click to open the full quote page. Data updated as of 15/04/24 4:00pm EDT Symbol Name % change Last Barrick Gold Corp Barrick Gold Corp
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