Barrick expects gold production at upper end of 2019 guidance [Business News Network (BNN) Energy & Resources (Canada)]
Barrick Gold Corporation (BC) (GOLD)
Last barrick gold corporation (bc) earnings: 2/12 07:00 am
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randgoldresources.com
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Source: Business News Network
Barrick expects gold production at upper end of 2019 guidance Barrick Gold Corp. ( ABX.TO ) said it’s on track to meet its production guidance this year as strong performances at mines in Mali and Argentina offset lower production elsewhere. Key Insights -Second-quarter gold costs are expected to be “marginally higher” than the first quarter while quarter-over-quarter copper costs will be slightly lower. -In February, Barrick said its costs to produce gold would be higher this year, following its merger with Randgold Resources Ltd., primarily because operations at its high-grade, low-cost open pit mine at Cortez Hills in Nevada were winding down. -As of May, the Toronto-based company expected 2019 gold production of 5.1 million to 5.6 million ounces and copper output of 375 million to 430 million pounds. -Spot gold prices averaged US$1,309 an ounce in the second quarter, little changed from a year earlier. Prices have rallied since late May as the Federal Reserve signaled a more dov
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GOLD
Earnings
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GOLD
Sec Filings
- 3/28/24 - Form 6-K
- 3/15/24 - Form 6-K
- 3/15/24 - Form 6-K
- GOLD's page on the SEC website