Barrick Gold’s 2Q Net Income Surges 35 Percent

Business Week reports that Barrick Gold Corp. (NYSE:ABX) announced that its second-quarter net income surged 35 percent.

The market news is quoted as saying:

Barrick’s average copper price rose to $4.07 a pound from $2.93 a pound a year ago, although sales fell to 82 million pounds from 105 million pounds. Total cash costs rose 38 percent.

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