Barrick’s gold output rises 4.4% from previous quarter [Toronto Globe and Mail (Ontario, Canada)]
Barrick Gold Corporation (BC) (GOLD)
Last barrick gold corporation (bc) earnings: 2/12 07:00 am
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Source: Toronto Globe and Mail
Barrick’s gold output rises 4.4% from previous quarter Barrick engineers and technicians look over the Pueblo Viejo mine project in Los Cacaos, Dominican Republic. Ramon Espinosa/The Associated Press Barrick engineers and technicians look over the Pueblo Viejo mine project in Los Cacaos, Dominican Republic. Miner Barrick Gold Corp said on Thursday its fourth-quarter gold production rose 4.4 per cent from the previous quarter, partly due to higher output at its Pueblo Viejo mine in the Dominican Republic. Gold prices touched record highs in 2020, as investors flocked to the safe haven asset while the COVID-19 pandemic roiled the markets. In the fourth quarter, market prices averaged $1,875 per ounce, 26.4 per cent higher than a year earlier. Total preliminary gold production rose to 1.21 million ounces in the quarter ended Dec. 31 from 1.16 million ounces in the previous quarter. Output at the Pueblo Viejo rose 23.26 per cent to 159,000 ounces of gold. Fourth-quarter output also go
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