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'Barrick is lowest-cost gold producer'

NYSE-listed Barrick Gold had the lowest all-in sustaining cost (AISC) during the first quarter at US$706 per ounce, $130/oz less than the group median of $836 per ounce in a report compiled by SNL Metals & Mining.

'Barrick is lowest-cost gold producer' 'Barrick is lowest-cost gold producer' 'Barrick is lowest-cost gold producer' 'Barrick is lowest-cost gold producer' 'Barrick is lowest-cost gold producer'

Barrick's Cortez mine in Nevada, US

The data showed Barrick primarily benefited from operating and capital-cost control initiatives, and from lower fuel prices and foreign exchange gains.