Stay updated with breaking news from Gold Output. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Barrick Gold's Q1 2024 earnings reveal strong profits and stable copper production, supported by higher gold prices and strategic mining operations
The world's second-largest gold miner said in November its 2023 gold production was forecast to be lower than expected due to equipment issues at its Dominican Republic mine and lower output at two sites in the Nevada Gold Fields project. Barrick reported a 2.17% fall in 2023 gold output at 4.05 million ounces from a year earlier, which came below its forecast, and analysts' average estimate of 4.16 million ounces, according to LSEG data. Copper production also fell 4.76% to 420 million pounds.
Abcourt Mines Inc. announced that diamond drilling has begun on level 295 of the Sleeping Giant mine.
The FTSE 100 closed up 0.3% on Wednesday helped by China's plans to increase infrastructure spending to boost its economy, which lifted metals prices and mining stocks such as Rio Tinto and...
BEIJING, Aug. 7 (Xinhua) -- China gold output reached 230.3 tonnes in the first half of this year (H1), up 12.4 percent year on year, according to the China Gol