Barrick Gold Q1 Earnings Jump on Higher Prices

CNBC News reported that higher copper and gold prices boosted profits for Barrick Gold (NYSE:ABX).

The market news is quoted as saying:

The company produced 1.96 million ounces of gold in the quarter at a cost of $437 per ounce. That higher-than-expected result was due mostly to higher production from two mines in Utah and one in Argentina.

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