Barrick set for strong gold environment

BARRICK Gold has reported a net loss of $US159 million ($A193 million) in its March quarterly after spending $US557 million exiting its gold sales contracts, which will clear the way for the gold miner to cash in on stronger spot gold prices, according to its chief executive.

Barrick set for strong gold environment Barrick set for strong gold environment Barrick set for strong gold environment Barrick set for strong gold environment Barrick set for strong gold environment

In the three months to March 31, 2007, Barrick sold 2.1 million ounces of gold - an increase from last year's corresponding period's sales of 1.94Moz.

topics

loader