Barrick Gold Corp. eyes record Q4 margins
The world’s biggest gold producer, Barrick Gold Corp, is anticipating record margins in the fourth quarter. This is as a result of gold prices reaching new heights and costs being stable or lower.
The news article is quoted as saying:
Costs will be helped by new lower cost mines such as Cortez Hills, located in the U.S. state of Nevada, coming onstream and hedges on currency and energy.
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Thu, Nov 12, 2009
Post by Melissa Pistilli, Gold Senior Reporter