Barrick Gold (ABX) Reports In-Line Q2 EPS, Lowers Dividend 60%, Announce Agreement With Royal Gold

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Go back to Barrick Gold (ABX) Reports In-Line Q2 EPS, Lowers Dividend 60%, Announce Agreement With Royal Gold

Barrick Reports Second Quarter 2015 Results

August 5, 2015 5:19 PM EDT

TORONTO, ONTARIO -- (Marketwired) -- 08/05/15 -- Barrick Gold Corporation (NYSE: ABX)(TSX: ABX)

-- Company reported a net loss of $9 million ($0.01 per share) in the second quarter; adjusted net earnings were $60 million ($0.05 per share)(1). -- Free cash flow was $26 million(1) and operating cash flow was $525 million. -- Production in the second quarter was 1.45 million ounces of gold at all- in sustaining costs (AISC) of $895 per ounce(1). -- Full-year gold production is now expected to be 6.1-6.4 million ounces, reflecting the impact of asset sales. -- All-in... More