Barrick Sees Up to $3 Billion in Impairments on Lower GoldBy
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.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.