July 25 (Reuters) - Barrick Gold Corp ABX.TO :
* BARRICK REPORTS SECOND QUARTER 2018 RESULTS
* Q2 ADJUSTED EARNINGS PER SHARE $0.07
* Q2 LOSS PER SHARE $0.08
* Q2 REVENUE $1.71 BILLION
* EXPECT GOLD PRODUCTION AND COSTS TO IMPROVE STEADILY OVER SECOND HALF OF YEAR
* EXPECT TO PRODUCE 345-410 MILLION POUNDS OF COPPER IN 2018
* BARRICK GOLD-Q2 GOLD PRODUCTION WAS 1.07 MILLION OUNCES, AT A COST OF SALES APPLICABLE TO GOLD OF $882 PER OUNCE,ALL-IN SUSTAINING COSTS OF $856 PER OUNCE
* TOTAL ATTRIBUTABLE CAPITAL EXPENDITURE GUIDANCE FOR 2018 REMAINS UNCHANGED
* COPPER PRODUCTION IS ANTICIPATED TO IMPROVE PROGRESSIVELY OVER THIRD AND FOURTH QUARTERS
* FULL-YEAR GOLD PRODUCTION AND COST GUIDANCE REMAINS UNCHANGED AT 4.5-5.0 MILLION OUNCES, AT A COST OF SALES OF $810-$850 PER OUNCE
* BARRICK - SUBSEQUENT TO END OF QUARTER, COMPLETED MAKE-WHOLE REPURCHASE OF OUTSTANDING PRINCIPAL OF ABOUT $629 MILLION ON 4.40 PERCENT NOTES DUE 2021
* TOTAL DEBT HAS BEEN REDUCED FROM APPROXIMATELY $6.4 BILLION TO $5.8 BILLION
* OVER PAST FIVE YEARS, BARRICK HAS REDUCED ITS TOTAL DEBT BY $10 BILLION.
* FOLLOWING THE REPAYMENT, COMPANY HAS LESS THAN $100 MILLION IN DEBT DUE BEFORE 2020
* EVALUATING PROJECT TO INCREASE PROCESSING CAPACITY AT NEVADA PROPERTIES TO ACCOMMODATE NEW PRODUCTION FROM ORGANIC PROJECTS
* BARRICK GOLD-REVIEWED ALL POSITIONS SITTING ABOVE OPERATIONS,REALLOCATED ROLES,ELIMINATED THOSE NO LONGER REQUIRED & CLOSED NUMBER OF SMALLER OFFICES
* BARRICK - ALLOCATING ADDITIONAL $10 MILLION TO FOURMILE EXPLORATION PROJECT THIS YEAR, INCREASING TOTAL NUMBER OF PLANNED HOLES FROM 30 TO 47