Escalating cost pressures trumped by gold price: Barrick

DESPITE rising costs, Barrick Gold’s operating margins are 68% higher and the outlook for the yellow metal remains positive as global inflation worsens, according to the company’s Australia-Pacific president Joc O’Rourke.

Escalating cost pressures trumped by gold price: Barrick Escalating cost pressures trumped by gold price: Barrick Escalating cost pressures trumped by gold price: Barrick Escalating cost pressures trumped by gold price: Barrick Escalating cost pressures trumped by gold price: Barrick

Singing from the same hymn sheet as the gold bulls last year, O’Rourke said that while higher costs were an issue for the company, the gold outlook was still strong thanks to the return of core