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BRIEF-Barrick Gold Q3 loss per share $0.23

Published 2015-10-28, 05:52 p/m
© Reuters.  BRIEF-Barrick Gold Q3 loss per share $0.23
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Oct 28 (Reuters) - Barrick Gold Corp ABX.TO :
* Reports third quarter 2015 results - growing free cash flow
* Q3 adjusted earnings per share $0.11
* Q3 loss per share $0.23
* Q3 copper production 140 million pounds versus 131 million pounds last year
* Q3 revenue $2.32 billion versus $2.62 billion last year
* Q3 copper c1 cash cost per pound $1.53 versus $1.82 last year
* Q3 gold production 1.7 million ounces versus 1.6 million ounces last year
* Sees 2015 gold production 6,100-6,300 million ounces
* Sees 2015 gold all-in sustaining costs per ounce of $830-$870
* Q4 all-in sustaining costs are now expected to be similar to the Q3 while
production is expected to be slightly higher
* Q3 gold all-in sustaining costs per ounce $771 versus $834 last year
* Sees expect to announce the outcome of a process for the sale of certain
non-core U.S. assets in the fourth quarter
* Sees 2015 total capital expenditures about $1.7 billion
* Says targeting $2 billion in cash flow improvements across the company before
the end of 2016
* Sees 2015 copper production of 480 to 520 million pounds
* Sees 2015 copper c1 cash cost per pound $1.60 to $1.85
* Says total debt reduced by 15 percent year-to-date, on track to achieve $3
billion debt reduction target

* Source text for Eikon ID:nMKWJfcM0a

* Further company coverage ABX.TO

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