Barrick Gold produces 1.24M oz Au, 115 Mlb Cu in Q3
Barrick Gold Corp. produced 1.24 million ounces Au and 115 million pounds Cu in Q3 2017. The company produced 1.38 million ounces Au and 100 million pounds Cu during the same period last year.
BARRICK GOLD Corp. had preliminary third quarter production results of 1.24 million ounces of gold and 115 million pounds of copper, and preliminary third quarter sales of 1.23 million ounces of gold and 107 million pounds of copper. The average market price for gold in the third quarter was $1,278 per ounce, while the average market price for copper was $2.88 per pound.
“Our operations continue to deliver solid results and remain on track for the year, with third quarter gold and copper production in line with expectations,” said Barrick president Kelvin Dushnisky. “As stated previously, we expect higher production and lower costs in the fourth quarter.”
Barrick will provide additional discussion and analysis regarding third quarter production and sales when the company reports quarterly results on Oct. 25, 2017. The table includes preliminary gold and copper production and sales re sults from t he company’s operations.
(See ABX Table 1 on page 3) Third quarter 2017 results
Barrick will report detailed third quarter results on Wednesday, Oct. 25, after markets close, followed by a conference call and webcast on Oct. 26 at 8 a.m. ET.
We seek Safe Harbor.
Erika Flores condensed this news release (firstname.lastname@example.org).
Gustavo Alfredo Cisneros, Graham G Clow, Gary A Doer, Kelvin Paul Michael Dushnisky, J Michael Evans, Brian L Greenspun, Joseph Brett Harvey, Nancy H O Lockhart, Pablo Marcet, Dambisa F Moyo, Anthony Munk, John Robert Stobo Prichard, Steven J Shapiro, John Lawton Thornton, Ernie Leo Thrasher
(ABX) Shares: 1,166,263,347