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0.000616903146206142 -0.00339296730413323 -0.00308451573103027 0.000616903146206142 0.00987045033929674 0.0101172115977792 0.0151141270820482 0.0200493522516964
Stock impact report

Barrick Gold plunges as Q1 production lags expectations [Seeking Alpha]

Barrick Gold Corporation (BC) (GOLD) 
Last barrick gold corporation (bc) earnings: 2/12 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: randgoldresources.com
Company Research Source: Seeking Alpha
at its Nevada Gold Mines, while saying it remains on track to achieve full-year gold and copper guidance. Barrick ( GOLD ) reported preliminary output of 940K oz of gold in the quarter, below analyst consensus of 984K oz and down 12% from the previous quarter, and all-in sustaining costs rising 7%-9% above the previous quarter, although costs are expected to drop in successive quarters of the year as production ramps up. The company said Q1 copper production fell Q/Q, primarily due to lower mined grades at Lumwana, in line with the mine plan, with copper AISC climbing 14%-16% compared with Q4 2023. As previously guided, Barrick ( GOLD ) expects full-year gold and copper production will rise progressively in each quarter through the year, with the Pueblo Viejo plant expansion ramping up from Q2 and the Porgera mine restart continuing in line with plans. Recommended For You Recommended For You More Trending News Related Stocks Trending Analysis Trending News Show less Read more
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