Barrick rises as higher gold, copper prices boost Q1 profit

Aion-Tech Solutions

05/05/2021 14:34

** U.S.-listed shares in miner Barrick Gold  ABX.TO 
 GOLD.N  up 1.1% at $22.27 in early trade
    ** Co beats estimate for Q1 profit and sticks to full-year
production forecast  urn:newsml:reuters.com:*:nL4N2MS1WR
    ** Barrick's Q1 realized gold price per ounce jumps to
$1,777 vs $1,589 a year earlier
    ** Shareholders approve the company's $750 mln return of
capital  urn:newsml:reuters.com:*:nGNXbR8TkW
    ** Major growth projects advanced during the quarter include
the plant and tailings expansion of the Tier One Pueblo Viejo
mine in the Dominican Republic, Goldrush exploration development
in Nevada - Barrick
    ** As of Tuesday's close, shares down 3.4% YTD


 (Reporting by Arundhati Sarkar in Bengaluru)
 ((Arundhati.Sarkar@thomsonreuters.com;
twitter.com/Arundhati_05; +1 646 223 8780 Ext: 2776))