Barrick Gold maintains 2018 gold and copper guidance
NYSE- and TSX-listed Barrick Gold has maintained its 2018 production guidance at 4.5-million to 5-million ounces and its copper guidance at 345-million to 410-million pounds, after reporting preliminary third-quarter production results.
The miner, which recently agreed to buy London-listed Randgold Resources for about $5.4-billion, increased its gold production by 8% quarter-on-quarter to 1.15-million ounces and its copper output by 28% quarter-on-quarter to 106-million pounds of copper.