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Bloomberg reported that African Barrick Gold’s (LSE:ABG) profit dropped in fourth quarter on increased costs and lower production.
Bloomberg reported that African Barrick Gold’s (LSE:ABG) profit dropped in fourth quarter on increased costs and lower production.
As quoted in the market news:
Net income declined to $52.7 million from $79 million a year earlier, the London-based company said today in a statement. This year’s production target is 675,000 to 725,000 ounces. The shares dropped the most in four months.
