Barrick Gold reports a 69% jump in 2024 earnings to $2.14 billion, driven by higher metal prices.

Barrick Gold reported a 69% rise in net earnings to $2.14 billion for 2024, up from $1.27 billion in 2023, driven by higher gold and copper prices. The company's Q4 earnings exceeded expectations, with gold production up 15% and copper production up 33%. Despite a temporary mine closure in Mali, Barrick plans to buy back up to $1 billion in shares and expects gold production of 3.15-3.5 million ounces in 2025.

5 weeks ago
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