More on Barrick Gold (ABX): Higher-than-expected operating costs and a massive capital cost...

|About: Barrick Gold Corporation (ABX)|By:, SA News Editor

More on Barrick Gold (ABX): Higher-than-expected operating costs and a massive capital cost overrun weighed down Q2 results which missed estimates. ABX raised cost guidance for the year to $555-$575/oz., up from prior $520-$560/oz, and cut its copper production outlook because of weaker-than-expected output from the Lumwana mine. Shares -3.8% premarket.