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Barrick’s North American production trending at lower end of guidance

From miningweekly.com

Miner Barrick Gold said on Thursday that it remained on track to achieve its 4.4-million- to 4.7-million-ounce production target for the year, with all regions, except for North America, trending at the higher end of their regional guidance. North America’s gold output, however, was trending at the lower end of the regional guidance, the NYSE- and TSX-listed company reported, stating that the Hemlo mine, in Canada, and the Turquoise Ridge mine, in the US, would miss their yearly guidance range. Barrick reported a slow ramp-up of underground development at Hemlo, citing Covid-19 movement restrictions. The mine, ... (full story)

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  • Category: Fundamental Analysis