Barrick Gold (GOLD) Delivers Strong Year-End Performance

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Barrick Delivers Strong Year-End Performance While Advancing Key Growth Projects

February 12, 2025 6:00 AM EST

Fourth Quarter and Full Year 2024 Results
All amounts expressed in US dollars

TORONTO, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE: GOLD)(TSX:ABX) delivered a strong performance in Q4, increasing gold production by 15% and copper production by 33% over Q3 to meet its annual guidance for the year. Additionally, gold cost of sales1 and total cash costs2 for the quarter were reduced by 3% and 5%, respectively.

The results for the year, released today, report a 69% increase in net earnings to $2.14 billion, a 51% increase in adjusted net... More