Barrick’s 2021 gold, copper production within guidance target

Photo: Barrick

Toronto-based Barrick Gold has an-nounced its preliminary full year and fourth quarter 2021 production results, indicating that the company met its annual guidance target at 4.44 million oz of gold produced.

 

The company said in a statement that its preliminary 2021 copper production, which totaled some 415 million pounds, “was also within the guidance range of 410 to 460 million pounds.”

 

“The preliminary Q4 results show sales for the quarter of 1.23 million ounces of gold and 113 million pounds of copper, as well as prelimi-nary Q4 production of 1.20 million ounces of gold and 126 million pounds of copper. The average market price for gold in Q4 was $1,795 per ounce, while the average market price for copper was $4.40 per pound,” according to the Canadian miner.