Barrick Sees Up to $3 Billion in Impairments on Lower Gold

  • Preliminary analysis shows $1.8 billion in goodwill charges
  • World's No. 1 gold miner lowered price assumption to $1,000/oz

Barrick Gold Corp., the world’s largest producer of the metal, said it may book as much as $3 billion in impairment charges as a prolonged gold slump forces it to revise its price assumptions for 2016.

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