Barrick reports 2016 full-year and fourth results
February 16, 2017
Barrick Gold Corp. reported its 2016 and fourth quarter financial reports.
A few higlights:
Net earnings attributable to equity holders of Barrick of $655 million ($0.56 per share), and adjusted net earnings of $818 million ($0.70 per share).
Full year gold production was 5.52 million ounces. Cost of sales applicable to gold was $798 per ounce, and all-in sustaining costs were $730 per ounce.
Barrick reported fourth quarter net earnings of $425 million ($0.36 per share), and adjusted net earnings of $255 million ($0.22 per share).
Barrick's Board of Directors has approved an increase in our quarterly dividend from $0.02 per share to $0.03 per share.
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To access a full report, go to barrick's website at: http://www.barrick.com.