(Toronto) Barrick Gold on Wednesday released preliminary results that show production of 1.2 million ounces of gold and 126 million pounds of copper for its fourth quarter.
Posted at 1:29 p.m.
The gold company also said it sold 1.23 million ounces of gold and 113 million pounds of copper during the quarter.
The average market price for gold reached US$1795 per ounce in the most recent quarter, while that of copper was US$4.40 per pound.
For the full year 2021, Barrick produced 4.44 million ounces of gold, which was within its guidance range of between 4.4 million and 4.7 million. ounces.
Preliminary copper production came in at 415 million pounds for 2021, compared to guidance of between 410 million and 460 million pounds.
Barrick Gold is due to release its full quarterly results, as well as those for the full year, on February 16.
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