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Barrick takes massive US$2.8 billion charge on mines, lowers gold reserves

Cecilia Jamasmie | February 13, 2014 | 1:39 pm Base Metals Precious Metals Top Companies Australia Canada Europe Latin America Copper Gold 

Canada’s Barrick Gold (TSX, NYSE:ABX)logged another set of poor results Thursday, marked by a US$2.82 billion impairment charge on mines, a sharp drop in reserves, and a forecast of much lower gold production for the year. The world's largest gold...

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