Barrick Sees Stable Gold Output In Q3, Prepares For Stronger Q4
Barrick Sees Stable Gold Output In Q3, Prepares For Stronger Q4
Notably, in the third quarter, the average market price for gold was $2,474 per ounce, while copper averaged $4.18 per pound.Barrick Gold Corporation (NYSE:GOLD) shares are trading lower on Wednesday. The company reported preliminary third-quarter production metrics.
巴里克黃金公司（NYSE:黃金）股票週三交易走低。該公司報告了第三季度初步生產數據。
The company sees production of 943,000 ounces of gold and 48,000 tonnes of copper and preliminary sales of 967,000 ounces of gold and 42,000 tonnes of copper.
公司預計黃金生產量爲943,000盎司，銅產量爲48,000噸，預售黃金967,000盎司，銅42,000噸。
Barrick anticipates a significantly stronger fourth quarter, aiming to meet its full-year production guidance for both gold and copper in 2024.
巴里克預計第四季度將明顯增強，旨在實現2024年黃金和銅的全年產量指引。
Notably, in the third quarter, the average market price for gold was $2,474 per ounce, while copper averaged $4.18 per pound.
值得注意的是，第三季度黃金的平均市場價格爲每盎司2,474美元，而銅的平均價格爲每磅4.18美元。
The company said that preliminary gold production remained steady on a Q/Q basis.
公司表示，初期黃金產量在季度/季度基礎上保持穩定。
Pueblo Viejo sequentially improved by 23% due to ongoing plant optimization, while North Mara benefited from higher grades.
Pueblo Viejo由於持續進行工廠優化而按順序提高了23%，而North Mara受益於更高品位。
On a Q/Q basis, the third quarter gold cost of sales per ounce is expected to increase by 1% to 3%, total cash costs by 3% to 5%, and all-in-sustaining costs by 0% to 2%, partly due to higher royalties from increased gold prices.
根據季度/季度基礎，預計第三季度每盎司的黃金銷售成本將增長1%到3%，現金總成本增長3%到5%，總體持續成本增長0%到2%，部分原因是由於增加的黃金價格導致的版稅增加。
Meanwhile, preliminary copper production increased Q/Q, mainly due to higher grades and recoveries at Lumwana, which benefited from improved ore access following ramped-up stripping activities in the second quarter.
與此同時，初期銅產量增加季度/季度，主要原因是Lumwana的品位提高和由於第二季度增加的剝離活動後改善的礦石獲取。
On a Q/Q basis, the third quarter cost of sales per pound is expected to rise by 5% to 7% and C1 cash costs by 13% to 15%.
按季環比，預計每磅銷售成本將上升5%至7%，C1現金成本將上升13%至15%。
However, all-in-sustaining costs per pound are expected to decrease by 2% to 4%, primarily due to reduced capitalized waste stripping at Lumwana.
然而，每磅全成本預計將下降2%至4%，主要是由於Lumwana降低資本化的廢石剝離。
Barrick is scheduled to release its third quarter results before the market opens on November 7, 2024.
巴里克黃金計劃於2024年11月7日市場開盤前公佈其第三季度業績。
Investors can gain exposure to the stock via Sprott Gold Miners ETF (NYSE:SGDM) and VanEck Gold Miners ETF (NYSE:GDX).
投資者可以通過Sprott黃金礦工etf-sprott（NYSE：SGDM）和VanEck黃金礦工etf（NYSE：GDX）獲得該股的曝光度。
Price Action: GOLD shares are down 0.47% at $20.12 at the last check Wednesday.
股價動向：週三最後一次查詢時，黃金股價下跌0.47%，報20.12美元。
Image via Shutterstock
圖片來自shutterstock。
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