PRECIOUS METALS

Barrick still on track after small production miss

Barrick Gold reported preliminary production results of 1.01Moz of gold and 107Mlbs of copper in April-June, which came in slightly below expectations but sees the mining giant on track to meet its 2023 production guidance ranges of 4.2-4.6Moz Au and 470Mlb Cu.

Barrick’s share price was last quoted at C$23.07 (US$17.59).

Barrick’s share price was last quoted at C$23.07 (US$17.59).

Gold production The gold production is up 6% quarter-on-quarter, primarily due to a return to throughput levels at its Carlin mine in Nevada, US, following significant maintenance in the first four months...

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