Barrick Gold reports US$370M Q2 profit, up from US$305M a year ago

Barrick Gold Corp News

Barrick Gold reports US$370M Q2 profit, up from US$305M a year ago
Diluted ShareCopper PriceCopper Prices
  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 17 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 63%

TORONTO — Barrick Gold Corp. reported its second-quarter profit rose compared with a year ago, helped by higher gold and copper prices.

The miner, which keeps its books in U.S. dollars, says it earned US$370 million or 21 cents US per diluted share for the quarter ended June 30, up from US$305 million or 17 cents US per diluted share a year earlier.Barrick's realized gold price for the quarter amounted to US$2,344 per ounce, up from US$1,972 a year ago, while its realized copper price was US$4.53 per pound, up from US$3.70 in the same quarter last year.

DALLAS, August 12, 2024--Arcosa, Inc. today announced that it intends to commence, subject to market conditions and other factors, a private offering of $600.0 million aggregate principal amount of senior notes due 2032 .Tasha Ghouri wore two bold bridesmaid dresses as she attended a wedding with Andrew Le Page over the weekend.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

YahooFinanceCA /  🏆 47. in CA

Diluted Share Copper Price Copper Prices The Canadian Press

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Barrick gold sees increase in gold, copper production in Q2Barrick gold sees increase in gold, copper production in Q2The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Read more »

Canadian miner Barrick’s second-quarter gold, copper output rises sequentiallyCanadian miner Barrick’s second-quarter gold, copper output rises sequentiallyBarrick said it expects all-in sustaining costs per ounce of gold to rise about 1% to 3% from the previous quarter’s $1,474 per ounce, but expects a drop in the second half of 2024
Read more »

Miner Barrick's second-quarter gold, copper output rises sequentiallyMiner Barrick's second-quarter gold, copper output rises sequentiallyThe Porgera mine was placed on care and maintenance in April 2020 following a dispute over benefit-sharing terms between the government, local people and...
Read more »

Gold rally to boost profits for miners Newmont, BarrickGold rally to boost profits for miners Newmont, BarrickNewmont Corp and Barrick Gold Corp, the top two gold miners of the world, are expected to post higher quarterly profits, powered by a rally in the precious...
Read more »

Canada's Barrick Gold beats second-quarter profit estimatesCanada's Barrick Gold beats second-quarter profit estimatesBarrick said its gold output was 948,000 ounces in the quarter ended June 30, compared to estimates of 905,800 ounces, per LSEG data. Barrick said its...
Read more »

Barrick Gold tops second-quarter profit estimates on boost from higher prices, robust outputBarrick Gold tops second-quarter profit estimates on boost from higher prices, robust outputOn an adjusted basis, Barrick posted a profit of 32 cents per share in the April-June quarter, compared with estimates of 28 cents per share, according to LSEG data
Read more »



Render Time: 2025-02-15 17:07:55