Mining News

Barrick meets or beats guidance for 10th successive quarter

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For the tenth quarter in a row, Barrick Gold has met or beaten guidance, president and CE Mark Bristow said on Monday when the company presented second-quarter results. On an interim basis, earnings totalled $949-million compared with $757-million, largely on the higher refined gold price of $1 820/oz for the period compared with $1 657/oz for the corresponding period in 2020. The realised price for copper was also higher at $4.32/lb compared with $2.53/lb last year.

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