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BRIEF-Restructured Barrick Picks Up Speed As New Executive Teams Get Down To Business

Published 2019-02-13, 07:15 a/m
© Reuters.  BRIEF-Restructured Barrick Picks Up Speed As New Executive Teams Get Down To Business
GOLD
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Feb 13 (Reuters) - Barrick Gold Corp ABX.TO :

* RESTRUCTURED BARRICK PICKS UP SPEED AS NEW EXECUTIVE TEAMS GET DOWN TO BUSINESS

* BARRICK GOLD CORP - BARRICK'S PRODUCTION GUIDANCE FOR 2019 WAS 5.1-5.6 MILLION OUNCES OF GOLD AND 375-430 MILLION POUNDS OF COPPER

* BARRICK GOLD CORP - HIGHER COST OF SALES GUIDANCE FOR GOLD IN 2019, OF $880-$940 PER OUNCE AND AISC GUIDANCE OF $870-$920 PER OUNCE

* BARRICK GOLD CORP - CONTINUING TO ENGAGE IN CONSTRUCTIVE DISCUSSIONS WITH TANZANIAN GOVERNMENT ON IMPASSE REGARDING ACACIA

* BARRICK GOLD - IN ARGENTINA, CONCERTED EFFORT TO DRIVE VELADERO BACK TO TIER ONE STATUS IS UNDER WAY AS CO LOOKS TO EXPAND LATIN AMERICAN BUSINESS

* BARRICK GOLD CORP - MEDIA REPORTS THAT BARRICK HAD SOLD LUMWANA COPPER MINE WERE UNTRUE

* BARRICK GOLD CORP - GIVEN CHALLENGING CONDITIONS LUMWANA MINE WAS FACING, ALL OPTIONS WOULD HAVE TO BE CONSIDERED

* BARRICK GOLD - TONGON GOLD MINE RETURNED TO NORMAL IN LAST QUARTER OF 2018, ACHIEVED ITS REVISED PRODUCTION TARGET OF 230,000 OUNCES FOR YEAR

* BARRICK GOLD CORP - SEES 2019 TOTAL ATTRIBUTABLE CAPITAL EXPENDITURES OF $1.40 BILLION - $1.70 BILLION

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