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Barrick CEO says the 'market is now waking up' amid soaring gold prices

From bnnbloomberg.ca

{video} The head of Barrick Gold Corp. says the mining giant is poised to take advantage of near-record-high gold and copper prices following the company’s release of its latest quarterly results on Wednesday. “The market is now waking up, and the industry itself, to just how important it is to invest in not only gold but copper as well,” Barrick’s president and CEO Mark Bristow told BNN Bloomberg in a television interview. The Toronto-based company, which keeps its books in U.S. dollars, reported a first-quarter profit attributable to shareholders of US$295 million, up from $120 million a year earlier, while ... (full story)

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  • Category: Fundamental Analysis