🥇 First rule of investing? Know when to save! Up to 55% off InvestingPro before BLACK FRIDAYCLAIM SALE

BRIEF-Barrick Gold Qtrly Net Earnings Were $0.11 Per Share

Published 2019-08-12, 08:38 a/m
© Reuters.  BRIEF-Barrick Gold Qtrly Net Earnings Were $0.11 Per Share
GOLD
-

Aug 12 (Reuters) - Barrick Gold Corp ABX.TO :

* STRONG Q2 POINTS TO ANNUAL PRODUCTION AT TOP END OF GUIDANCE RANGE FOR BARRICK

* Q2 PRODUCTION OF 1.353 MILLION OUNCES OF GOLD

* ANNUAL GOLD PRODUCTION IS EXPECTED TO BE AT UPPER END OF 2019 GUIDANCE RANGE WITH COST METRICS AT LOWER END OF RANGES

* QTRLY NET EARNINGS WERE $0.11 PER SHARE

* QTRLY ADJUSTED NET EARNINGS OF $0.09 PER SHARE

* NEVADA GOLD MINES, JOINT VENTURE, IS ON TRACK TO DELIVER SYNERGIES OF UP TO $500 MILLION PER YEAR IN FIRST FIVE YEARS

* BARRICK GOLD - QTRLY REVENUE $2,063 MILLION VERSUS $1,712 MILLION

* Q2 EARNINGS PER SHARE VIEW $0.09, REVENUE VIEW $2.15 BILLION -- REFINITIV IBES DATA

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

* IS ACTIVELY SEEKING TO EXTEND LIFE OF ITS TONGON GOLD MINE

* SEES FY GOLD PRODUCTION 5.1 MILLION OUNCES - 5.6 MILLION OUNCES

* SEES FY COPPER PRODUCTION 375 MILLION LBS - 430 MILLION LBS

* QTRLY GOLD AISC $869/OUNCE VERSUS $856/OUNCE

* BARRICK GOLD - QTRLY COPPER PRODUCTION 97 MILLION POUNDS VERSUS 83 MILLION POUNDS

* SEES FY GOLD AISC $870/OUNCE - $920/OUNCE

* BARRICK GOLD - QTRLY COPPER AISC $2.28 PER POUND VERSUS $3.04 PER POUND

* SEES FY COPPER AISC $2.40/LB - $2.90/LB

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.