PRECIOUS METALS

More synergies to come from Barrick

Barrick Gold still has a lot of costs to squeeze out of its business despite its all-in sustaining cost (AISC) for both gold and copper increasing in the March quarter, president and CEO Mark Bristow told Mining Journal following its results conference call, with the company’s dividend policy set to reflect its net cash position.

 Barrick Gold's Jabal Sayid in Saudi Arabia

Barrick Gold's Jabal Sayid in Saudi Arabia

The company saw its gold AISC increase 14.3% to US$1,164 per ounce compared with the prior year quarter and 19.9% compared with the December 2021 quarter, while its C1 cash cost for copper increased 13.1%...

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A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

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