|
|
Article: Barrick Reports Q3 Results; Significantly Reduces Gold Hedge Position.(Financial report)
- Article from:
- Marketwire Canada
- Article date:
- October 29, 2009
CopyrightCOPYRIGHT 2009 Canadian Corporate News. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
TORONTO, ONTARIO, Oct 29, 2009 (Marketwire via COMTEX) -- Barrick Gold Corporation (NYSE:ABX)(TSX:ABX) -
THIRD QUARTER REPORT 2009
Based on US GAAP and expressed in US dollars
For a full explanation of results, the Financial Statements and Management Discussion & Analysis, and mine statistics please see the Company's website, www.barrick.com.
Highlights
- Barrick Gold reported a net loss of $5.4 billion ($6.07 per share) compared to net income of $254 million ($0.29 per share) in Q3 2008. The net loss primarily reflects a $5.7 billion charge to earnings for a change in accounting treatment following the Company's previously ...