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    copper-investing

    Barrick Gold’s 2Q Net Income Surges 35 Percent

    Investing News Network
    Jul. 28, 2011 03:56PM PST
    Base Metals Investing

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

    Click here to access the entire news

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