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More on Barrick Gold's (ABX) Q1 results: ABX's 18% Y/Y drop in profit is attributed to...

More on Barrick Gold's (ABXQ1 results: ABX's 18% Y/Y drop in profit is attributed to lower gold and copper prices and reduced volumes sold. But ABX reaffirms 2013 gold production guidance of 7M-7.4M oz. at total cash costs of $610-$660/oz. Full year all-in sustaining cost guidance reduced to $950-$1,050/oz. from $1,000-$1,100/oz. previous guidance. Shares +2.9% premarket.
Comments (3)
  • losbronces
    , contributor
    Comments (662) | Send Message
     
    And yet stoppage of Pascua Lama confirmed by Chilean courts (and supported by Mining & Environmental Ministries): http://bit.ly/15KfooG
    24 Apr 2013, 08:49 AM Reply Like
  • Mccarthy31
    , contributor
    Comments (38) | Send Message
     
    What's their guidance on gold prices?
    24 Apr 2013, 10:57 AM Reply Like
  • Jason Burack
    , contributor
    Comments (1730) | Send Message
     
    They've been fibbing about their all in production costs for years. I doubt they are going to be completely honest now.
    24 Apr 2013, 11:23 AM Reply Like
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