Gold Investing News » Barrick Gold Corp. eyes record Q4 margins

Barrick Gold Corp. eyes record Q4 margins

November 12, 2009 @ 10:14 am In Gold Company News

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.

Click here to access the entire press release ^[1]

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[1] Click here to access the entire press release: http://www.reuters.com/article/globalMarketsNews/idUSTRE5AA20G20091111