03.08.2011 - Copper provides a new gear for Barrick but the engine is still gold
The world's biggest gold producer, Barrick Gold, will be an aggressive developer and explorer for copper but it copper division will never get close to matching the company's gold business. The regional president of Barrick (Australia Pacific) Ltd, Gary Halvorsen, told the Diggers & Dealers Forum in Kalgoorlie that, based on total cash costs, the company achieved a margin of $US1,011/ounce on gold production for the half year to June..............................................Full Article: Source
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