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Barrick Gold beats estimates for quarterly profit

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GOLD
Canadian miner Barrick Gold on Wednesday beat first-quarter profit estimates on higher bullion prices and said it has entered into an exploration partnership with Geophysx Jamaica. Prices of the precious metal rose about 8.2% to $2 231/oz in the January-March quarter, on buying from central banks and hopes the US Federal Reserve could cut interest rates as early as June.
 
 
 
 
 

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