PRECIOUS METALS

Barrick posts mixed results for 1Q20

Barrick Gold reported net profit of US$400 million for the March quarter, a 260% increase over the prior year period as revenue increased 30% to $2.7 billion due to higher gold prices, although all-in sustaining costs increased 15.6% to $954/oz.

Golden Sunlight in Montana, USA

Golden Sunlight in Montana, USA

Net profit fell 71% compared with the prior quarter, when the company reported revenue of $2.9 billion that was boosted by several one-off gains, including $628 on the de-recognition of a deferred revenue...

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