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Barrick earnings jump 84%, dividend 14%

Barrick Gold has reported an 84% jump in net earnings to US$357 million for the quarter to June 30 and a 14% increase in its dividend to 8c per share. It remains on track to achieve its annual guidance of 4.6-5Moz of gold production.

Barrick earnings jump 84%, dividend 14% Barrick earnings jump 84%, dividend 14% Barrick earnings jump 84%, dividend 14% Barrick earnings jump 84%, dividend 14% Barrick earnings jump 84%, dividend 14%

Cortez in Nevada USA

The company's gold production fell 15.1% to 1.15 million ounces during the quarter compared with 1.35Moz in the prior year period, and its all-in sustaining cost increased 18.6% to $1,031/oz.