Barrick on Pace to Meet Annual Gold Output After Quarterly Gain
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Barrick Gold Corp. said it’s on track to meet its full-year production goal after third-quarter output edged up from the previous period.
The world’s second-largest gold miner lowered its 2020 guidance in May to a range of 4.6 million to 5 million ounces because of a conflict with the government of Papua New Guinea over its Porgera mine. Barrick said it remains “on track” to achieve its full-year production as overall gold production climbed to 3.6 million ounces in the first nine months of 2020.