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Barrick posts loss

Gold major Barrick Gold (TSX: ABX) has posted a net loss of US$94 million for the June quarter, declared a dividend of 3c per share and announced a new discovery at Fourmile.

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Declares new discovery 2km from Goldrush

It said lower adjusted net earnings, of $81 million compared with $261 million a year earlier, primarily reflected the impact of lower gold sales.