Barrick Mining Beats First Quarter Profit Estimates

Barrick Mining reported a first-quarter profit of 98 cents per share, beating estimates. Higher gold prices offset a production drop to 719,000 ounces total.

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BARRICK MINING CORP reported adjusted first-quarter profit of 98 cents per share, beating analyst estimates of 78 cents per share. Higher realized prices for gold offset a production decline during the three-month period ending March 31.

Price Surges Offset Production Slump

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