NORTH AMERICA STORIES

Barrick given credit for debt cut

Standard & Poor’s has given Barrick Gold a boost, increasing its credit rating by one notch and raising its expectations of further debt repayments and free cash flow generation in a rising gold-price environment.

AISC at Barrick’s Cortez mine has dropped to $558/oz in the June quarter from $811/oz a year earlier

AISC at Barrick’s Cortez mine has dropped to $558/oz in the June quarter from $811/oz a year earlier

The miner’s outlook was lifted to 'positive' from 'stable' as the ratings agency’s affirmed its BBB- rating. The change recognises improvements in both the Toronto-based company’s balance sheet and the...

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