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BRIEF-Barrick reports Q4 adjusted earnings per share $0.22

Published 2017-02-15, 05:21 p/m
© Reuters.  BRIEF-Barrick reports Q4 adjusted earnings per share $0.22
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Feb 15 (Reuters) - Barrick Gold Corp ABX.TO

* Barrick reports 2016 full year and fourth quarter results

* Q4 adjusted earnings per share $0.22

* Q4 earnings per share $0.36

* Q4 revenue $2.32 billion

* Barrick Gold Corp - for 2017, production guidance is 5.60-5.90 million ounces of gold, at a cost of sales applicable to gold of $780-$820 per ounce

* Barrick Gold Corp says intend to reduce our total debt by $2.9 billion, to $5 billion, by end of 2018 - half of which is being targeted in 2017

* Barrick Gold Corp - for 2018, we expect to produce 4.80-5.30 million ounces of gold, at a cost of sales applicable to gold of $790-$840 per ounce

* Barrick Gold Corp - in 2019, we expect to produce 4.60-5.10 million ounces of gold, at a cost of sales applicable to gold of $800-$870 per ounce

* Says expect to maintain annual production of at least 4.5 million ounces of gold through 2021.

* Barrick Gold Corp - qtrly copper production 101 million pounds versus 138 million pounds last year

* Barrick Gold Corp - gold production in Q4 was 1.52 million ounces

* Barrick Gold Corp qtrly all-in sustaining costs for copper were $2.04 per pound versus $2.15 per pound last year

* Barrick Gold Corp sees 2017 all-in sustaining costs for gold of $720-$770 per ounce.

* Barrick Gold Corp qtrly all-in sustaining costs for gold were $730 per ounce, a reduction of 12 percent compared to 2015

* Barrick Gold Corp says Q4 revenue was $2.32 billion versus. $2.24 billion last year

* Barrick Gold Corp - expect to maintain annual production of at least 4.5 million ounces of gold through 2021

* Barrick Gold Corp sees total 2017 capital expenditures $1,300 million -$1,500 million

* Q4 earnings per share view $0.19, revenue view $2.21 billion -- Thomson Reuters I/B/E/S Source text for Eikon: ID:nCCN5Wzpx3 Further company coverage: ABX.TO

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