Barrick Gold Corporation (TSX:ABX, NYSE:ABX) is the largest pure gold miner in the world. Barrick operates mines in 13 countries on four continents and produced 7.42 million ounces of gold in 2012. The forecast for 2013 is between 7 and 7.4 million ounces.
Articles Tagged "gold production"
Junior and majors have gotten themselves into a bind, but there are still opportunities. And many are cheap.
China Daily USA reported that in 2012, China produced 403.1 tons of gold, an 11.66-percent increase from the previous year.
Mineweb reported that New Gold is forecasting a 12 percent hike in gold output for 2013, mostly because of an increase in production at the New Afton and Cerro San Pedro mines.
Mineweb reported that Goldcorp has forecast that its gold output for 2013 will increase by 10 percent to between 2.55 million and 2.8 million ounces.
The Financial Post reported that 2012 was a difficult year for gold miners, despite elevated prices,mostly due to escalating costs for everything from production to labour.
Bloomberg reported that Agnico-Eagle Mines Ltd. is outperforming global competitors now that they have dealt with severe weather conditions in the Arctic that contributed to soaring costs.
Mining Weekly reported that gold production fell in Australia in the quarter ending in September by two tons.
Mining Weekly reported that Osisko Mining's Quebec Malartic gold mine was raided by the concerned provincial environment authority seeking documents.
Mining Weekly reported that Thompson Creek Metals closed financing worth $350-million, much of which is earmarked to support expansion at the Mt Milligan copper/gold mine.