Barrick profit jumps on higher prices, trims gold 2020 output

The Canadian miner now expects attributable gold production to range between 4.6 million ounces to 5 million ounces compared with the earlier range of 4.8 million ounces to 5.2 million ounces. The government of Papua New Guinea had announced in April that it would not renew a 20-year special mining lease for the Porgera gold mine, which is jointly owned by Barrick and China’s Zijin Mining , due to environmental damage and social unrest. …read more

Source:: Yahoo Finance

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