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Barrick raises dividend as production dips, costs increase

Barrick Gold reported net earnings of US$428 million on sales of $2.9 billion in the quarter to March 31 as production fell to 990,000 ounces of gold and 101 million pounds of copper.

Paul Harris
Nevada Gold Mines' Goldstrike in Nevada, USA

Nevada Gold Mines' Goldstrike in Nevada, USA

This was a 20.4% fall in net earnings compared with the $538 million achieved in the prior year period, when production was 1.1 million ounces of gold and 93Mlb of copper. Performance was also down...

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