Barrick Gold’s profit rises on higher prices

Barrick Gold Corp, on Monday reported a slightly higher second-quarter profit from the first, as higher prices for the yellow metal offset rising costs and lower output.

Adjusted net earnings rose to $513 million in the second quarter compared with $507 million in the first. On a per share basis, earnings remained flat at 29 cents.

Lucy Harlow

Lucy Harlow is a senior Correspondent who has been reporting about Equities, Commodities, Currencies, Bonds etc across the globe for last 10 years. She reports from New York and tracks daily movement of various indices across the Globe