Barrick Gold's Q1 Results Suffer Due To Lower Gold Prices - Presented by: The Aol. On Network

Barrick Gold Corporation , the world’s largest gold producer, reported its Q1 earnings and conducted a conference call with analysts on April 30. The company reported lower revenues of $2.6 billion versus $3.4 billion in the corresponding period a year ago. Net income fell sharply to $88 million from $847 million in the corresponding period a year ago. This is primarily due to lower year-over-year realized gold prices and shipment volumes as well as lower realized copper prices.



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