Barrick Gold (GOLD) Tops Q2 EPS by 1c

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Sustainability Focus Drives Barrick’s Performance

August 8, 2022 6:00 AM EDT

Second Quarter 2022 ResultsAll amounts expressed in US dollars

TORONTO, Aug. 08, 2022 (GLOBE NEWSWIRE) -- A stronger Q2 performance across the portfolio has kept Barrick on course to achieve its annual gold and copper production guidance while continuing to progress its key growth projects.

Gold production for the quarter was higher than Q1 at 1.04 million ounces driven mainly by Carlin and Turquoise Ridge in Nevada, Veladero in Argentina, and Bulyanhulu and North Mara in Tanzania and is expected to grow further in the second half of the year. Copper production came to 120 million pounds.

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