Barrick Gold (GOLD) Tops Q4 EPS by 4c

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Go back to Barrick Gold (GOLD) Tops Q4 EPS by 4c

A Year of Delivery and Development as Barrick Meets Targets, Advances Growth Projects

February 18, 2021 6:00 AM EST

All amounts expressed in US dollars

TORONTO, Feb. 18, 2021 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE: GOLD)(TSX: ABX) reported today that it had met its production targets for 2020, thanks to a consistent operating performance across the group that demonstrated managements ability to manage the impact of the Covid-19 pandemic and other challenges. While cost of sales per ounce was impacted, total cash costs1 and AISC per ounce1 were contained within guidance despite higher royalty expenses from the higher gold price environment.

At the same time,... More