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CNBC News reported that higher copper and gold prices boosted profits for Barrick Gold (NYSE:ABX).
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.
To read the full market news, click here.