Canadian Mining Journal

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GOLD: Barrick shares preliminary Q1 production results



TORONTO – Barrick Gold issued preliminary production results for Q1 2019,

Barrick’s Q1 output was slightly higher than a year ago. (Image: Barrick Gold)

saying that it enjoyed solid performance across its portfolio. First quarter sales were 1.37 million oz. of gold and 103 million lb. of copper. Output was only up slightly from the same quarter a year ago.

The average gold price during the quarter was $1.304 per ounce and for copper US$2.82 per lb.

Barrick is also implementing the joint venture with Newmont Goldcorp (formerly Newmont Mining) that will cover their combined assets in Nevada. Counting additional output from the JV will make Barrick the world’s single largest gold producer, according to the company.

Find the joint venture details at www.Barrick.com.