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BRIEF-Barrick Gold reports Q3 loss per share $0.01

Published 2017-10-25, 05:21 p/m
© Reuters.  BRIEF-Barrick Gold reports Q3 loss per share $0.01
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Oct 25 (Reuters) - Barrick Gold Corp ABX.TO

* Barrick reports third quarter 2017 results

* Q3 adjusted earnings per share $0.16

* Q3 loss per share $0.01

* Q3 revenue $1.993 billion

* Barrick Gold Corp - narrowed full-year gold production guidance to 5.3-5.5 million ounces

* Barrick Gold Corp - reduced total debt by nearly $1.5 billion year to date, exceeding target for 2017

* Barrick Gold Corp - qtrly copper production 115 million pounds versus 100 million pounds

* Barrick Gold Corp sees full-year all-in sustaining costs of $740-$770 per ounce of gold

* Barrick Gold Corp - produced 1.243 million ounces of gold in q3 compared to 1.381 million ounces in prior-year period

* Barrick Gold Corp - qtrly copper all-in sustaining costs $2.24 per pound versus $2.02 per pound

* Barrick Gold Corp - all-in sustaining costs for gold in Q3 were $772 per ounce, compared to $704 per ounce in Q3 of 2016

* Barrick Gold Corp - full-year copper production guidance range has narrowed to 420-440 million pounds

* Barrick Gold Corp - copper all-in sustaining cost guidance range has narrowed to $2.20-$2.40 per pound for fy

* Barrick Gold Corp - net earnings in quarter impacted by tax provision of $172 million related to proposed framework for acacia's operations in Tanzania

* Barrick Gold Corp - decrease in net earnings in quarter reflects lower gold production, lower gold prices, impact of tanzania's concentrate export ban on acacia

* Barrick Gold Corp - "goal is to reduce our total debt to $5 billion by end of 2018"

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