Lower grades, higher costs contribute to lower FY18 adjusted earnings for Barrick

Since merging with Randgold Resources six weeks ago, Barrick Gold Corporation on Wednesday said it has made progress in achieving its short-term priority goals and its full-year objectives. Barrick expects to produce between 5.1-million and 5.6-million ounces of gold and between 375-million and 430-million pounds of copper this year, compared with the 4.53-million ounces of gold and 383-million pounds of copper produced in 2018.