Barrick falls on Q2 profit miss
BUZZ-Barrick falls on Q2 profit miss Updates
** U.S.-listed shares of Barrick Mining ABX.TO, B.N down 5.5% at $41.30 premarket
** Co misses Q2 profit estimates, hurt by higher costs and weaker gold production
** All-in-sustaining costs for gold, an industry metric reflecting total expenses, rose about 10.8% to $1,866 per ounce in the April-June quarter
** Posts Q2 adjusted profit of 82 cents per share vs estimate of 88 cents per share - data compiled by LSEG
** Q2 gold production for the company dropped to 796,000 ounces, compared with 797,000 ounces a year earlier
** ABX and Newmont NEM.N have settled all disputes over their Nevada Gold Mines joint venture, with Newmont agreeing to pay Barrick $1.95 billion as the companies add several development projects to the venture, the companies say
** As of last close, stock up 0.3% YTD
(Reporting by Sumit Saha in Bengaluru)