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BRIEF-Barrick Gold Posts Q3 Earnings Per Share Of $1.30

Published 2019-11-06, 08:17 a/m
© Reuters.  BRIEF-Barrick Gold Posts Q3 Earnings Per Share Of $1.30
GOLD
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Nov 6 (Reuters) - Barrick Gold Corp ABX.TO :

* INCREASED DIVIDEND REFLECTS STRONG OPERATING PERFORMANCE AND SIGNIFICANT EARNINGS INCREASE

* QTRLY EARNINGS PER SHARE $1.30

* QTRLY ADJUSTED EARNINGS PER SHARE $0.15

* QTRLY REVENUE $2,678 MILLION VERSUS $1,837 MILLION

* ON TRACK TO DELIVER PRODUCTION AT HIGHER END AND COSTS AT LOWER END OF ITS GUIDANCE RANGES FOR YEAR

* QTRLY GOLD PRODUCTION 1.3 MILLION OUNCES VERSUS 1.1 MILLION OUNCES

* PLANNED DISPOSAL OF NON-CORE ASSETS WAS PROGRESSING AS SCHEDULED AND WAS EXPECTED TO REALIZE $1.5 BILLION OR MORE BY END OF 2020

* DEBT NET OF CASH DOWN 14% DURING QUARTER

* QTRLY COPPER PRODUCTION 112 MILLION POUNDS VERSUS 106 MILLION POUNDS

* Q3 EARNINGS PER SHARE VIEW $0.11, REVENUE VIEW $2.82 BILLION -- REFINITIV IBES DATA

* QTRLY REALIZED GOLD PRICE $1,476/OUNCE VERSUS $1,216/OUNCE

* 10-YEAR PRODUCTION PLAN SCHEDULED FOR PUBLICATION WITH NEXT ANNUAL REPORT

* SEES 2019 TOTAL GOLD PRODUCTION ATTRIBUTABLE TO BARRICK 5.1 MILLION - 5.6 MILLION OUNCES

* SEES 2019 TOTAL COPPER PRODUCTION 375 MILLION LBS - 430 MILLION LBS

* SEES FY TOTAL ATTRIBUTABLE CAPITAL EXPENDITURES $1,400 MILLION - $1,700 MILLION

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