Barrick Gold (ABX)

[behappyalways]

Significant Increase in Reserves and Resources Continues to Drive Barrick’s Industry-Leading Production Growth Profile
https://www.barrick.com/English/news/ne ... fault.aspx


Barrick records big loss, announces $1-billion share buyback program
https://www.google.com/amp/s/financialp ... 01dff/amp/

[behappyalways]

Barrick (GOLD) Inks Deal Related to Restart Porgera Mine
https://finance.yahoo.com/news/barrick- ... 03204.html

[behappyalways]

First Quantum rebuffs informal approach from Barrick Gold
https://www.mining.com/web/first-quantu ... rick-gold/

[behappyalways]

Barrick CEO wants to search for more copper in Zambia and Congo
https://www.mining.com/web/barrick-ceo- ... and-congo/


New gold discoveries to extend Barrick’s Ivory Coast mine operations
https://www.mining.com/web/new-gold-dis ... perations/

[behappyalways]

Barrick Progresses Extension of Long-Term Value Delivery Runway
https://www.barrick.com/English/news/ne ... fault.aspx

[behappyalways]

Barrick to double copper output to 1 billion lb. by 2031
https://www.mining.com/barrick-to-doubl ... b-by-2031/

[behappyalways]

Barrick Keeps Key Projects On Track and Delivers Another Quarter of Improved Production and Costs
https://www.barrick.com/English/news/ne ... fault.aspx

[behappyalways]

Reason why it's share price is weaker than the others...

Barrick under pressure in Mali as regime eyes control of Loulo-Gounkoto
https://www.mining.com/barrick-under-pr ... -gounkoto/

[behappyalways]

Barrick to Ramp Up Production As It Remains On Track to Achieve 2024 Targets
https://www.barrick.com/English/news/ne ... fault.aspx


Barrick CEO signals protracted fight against Mali government intervention in mining sector
https://www.theglobeandmail.com/busines ... overnment/


Bristow predicts “positive double whammy” as gold soars
https://www.miningmx.com/top-story/5671 ... le-whammy/

[winston]

not vested

2Q Earnings

Barrick Gold released preliminary Q2 production numbers and said it is on track to achieving full-year gold and copper guidance.

Barrick said it produced 948,000 ounces of gold and 43,000 tonnes of copper, and reported preliminary Q2 sales of 956,000 ounces of gold and 42,000 tonnes of copper.

Both gold and copper production are set to progressively increase with each quarter as guided previously, with a higher weighting in the second half.

The average price of gold was US$2,338/oz and of copper was US$4.42/lb in the second quarter, the company said.

Increased gold production at Turquoise Ridge as well as the completion of maintenance at Sage autoclave in Q1 contributed to the increased production of gold in Q2 versus Q1.

Meanwhile, higher grades and recoveries at Lumwana following a ramp-up in stripping activities and the planned shutdown in the first quarter contributed to higher copper production in the second quarter.

While all-in sustaining costs are expected to be 1-3% higher for both gold and copper in Q2, costs are expected to drop in the second half as production ramps up.

Source: Phillips