(MENAFN- Baystreet.ca) 09:38 AM EST - Barrick Gold Corporation : Announced preliminary full-year and fourth-quarter results which indicate that it has met its full-year guidance targets with preliminary gold production of 5.5 million ounces, at the upper end of the 5.1 to 5.6 million ounce range and preliminary copper production of 432 million pounds, exceeding the top-end of guidance of 375 to 430 million pounds. A strong fourth quarter capped off an excellent first year since the merger with Randgold at the beginning of 2019. The preliminary fourth-quarter results show fourth quarter sales of 1.413 million ounces of gold and 91 million pounds of copper, as well as fourth-quarter production of 1.439 million ounces of gold and 117 million pounds of copper. The average market price for gold in the fourth quarter was $1,481 per ounce, while the average market price for copper in the fourth quarter was $2.67 per pound. Barrick Gold Corporation
shares T.ABX are trading unchanged at $23.38.
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