Gold Top Stories

Escondida mine replaces top exec after failing to reach deal with workers

Appointment comes barely a week after the mine, operated by…

Fresh ‘incident’ at Barrick’s Veladero mine in Argentina

A local government spokesman said a pipe carrying a “rich…

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Net income rises 57 percent for Barrick Gold

Barrick Gold reported on Thursday that net income in the fourth quarter was up 57% to US$947 million or 95 cents a share, a record result for the world's-largest gold miner. In the same quarter in 2009, Barrick reported US$604 million net income or 61 cents a share. The company produced 1.7 million ounces of gold at a total cash cost of $486 per ounce. Gold production in 2011 is expected to be similar to 2010.