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Stronger Q2 Puts Barrick On Track to Achieve 2023 Targets
Barrick Gold Corporation today reported preliminary Q2 sales of 1.00 million ounces of gold and 101 million pounds of copper, as well as preliminary Q2 production of 1.01 million ounces of gold and 107 million pounds of copper. As previously guided, Barrick’s gold and copper production in 2023 is expected to increase through the year with the second half being higher than the first six months of 2023. The Company remains on track to achieve full year gold and copper guidance.1 The average market price for gold in Q2 was $1,976 per ounce while the average market price for copper in Q2 was $3.84 per pound. The ... (full story)