Barrick’s gold output rises 4.4% from previous quarter
Higher output at mines in Dominican Republic and Tanzania lift Canadian miner’s preliminary fourth quarter guidance
14 January 2021 - 18:13
Bengaluru — Canadian miner Barrick Gold said on Thursday its fourth-quarter gold production rose 4.4% from the previous quarter, partly due to higher output at its Pueblo Viejo mine in the Dominican Republic.
Gold prices touched record highs in 2020, as investors flocked to the safe haven asset while the Covid-19 pandemic roiled the markets. In the fourth quarter, market prices averaged $1,875 per ounce, 26.4% higher than a year earlier...
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