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0 0 0.00058513750731431 0.00175541252194272 -0.00175541252194272 -0.00526623756582796 -0.00731421884142774 -0.0193095377413691
Stock impact report

Barrick On Track to Achieve 2024 Targets [Financial Post (Toronto, Ontario, Canada)]

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: Financial Post
TORONTO, April 16, 2024 (GLOBE NEWSWIRE) — Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) (“Barrick” or the “Company”) today reported preliminary Q1 production of 940 thousand ounces of gold and 40 thousand tonnes of copper, as well as preliminary Q1 sales of 910 thousand ounces of gold and 39 thousand tonnes of copper. As previously guided, Barrick's gold and copper production in 2024 is expected to progressively increase 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. We remain on track to achieve our full year gold and copper guidance. Article content Article content The average market price for gold in Q1 was $2,070 per ounce while the average market price for copper in Q1 was $3.83 per pound. As planned, preliminary Q1 gold production was lower than Q4 2023 mainly as a result of planned maintenance at Nevada Gold Mines and mine sequencing at various sites. In line with our Show less Read more
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