Barrick Gold 1Q Adjusted Profit Rises On Higher Gold Prices

on
as declared in (Kitco News) - Barrick Gold Corp. (NYSE, TSX: ABX) announced late Monday which first-quarter adjusted earnings rose from a year ago in spite of reduce production, with the company's profitability helped with higher gold prices. The Corporation told gold produce & costs for the 1st quarter were in line with expectations. Barrick produced 1.05 mn ounces of gold in the 1st quarter at all-in sustaining costs of $804 per ounce. However, the amount of money which Barrick received per gold ounce rose to $1,332 per ounce from $1,220. The Corporation maintained its full-year guidance for gold produce of 4.5 mn to five mn ounces at AISC of $765 to $815 per ounce.


Gold Prices expand Early Gains, At fresh every day Highs

Disclaimer: The views expressed in this article are those of the author & probably not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of data provided; however, neither Kitco Metals company nor the author could guarantee such accuracy. This article Information Systems strictly for informational purposes only. It isn't a solicitation to make any interchange in commodities, securities or other financial instruments. Kitco Metals company & the author of this article don't accept culpability for losses and/ or damages arising from the Utilize of this publication.

Gold Prices Extend Early Gains, At New Daily Highs

Why Gold Prices Are Heading for a Breakout Soon

as informed in The stock markets are in the red very far this year, by the Dow drop over 1%, however gold prices still to gain. Gold prices have risen to $1,327 from $1,316.10 at the begain of the year. But the gold value catalyst in the near term, though, can be the dollar. Here's what's been moving the value of gold, as well as my following gold value forecast as stock prices still to slide sideways…Why the value of Gold Was Flat final WeekOn the whole, gold had a sideways to slight downward bias for the week, as geopolitical tensions eased a bit. But gold's sneaky performance on the year Information Systems an encouraging sign, 1 which can help push gold prices to my latest gold value target…Gold Prices Have a Bullish Wind at Their Back






collected by :kiven Dixter

Comments

Post a Comment