Barrick(US:GOLD) 智通财经网·2025-05-07 11:55Group 1 - Barrick Gold's Q1 gold production reached 758,000 ounces, hitting the expected upper limit [1] - The company's Q1 revenue was $3.13 billion, a 13.8% year-over-year increase, exceeding market expectations [1] - Adjusted earnings per share for Barrick Gold were $0.35, higher than the market expectation of $0.30 [1] Group 2 - The increase in Barrick's profits was attributed to soaring gold prices, which rose over 27% in 2024 and approximately 29% year-to-date [1] - The average realized gold price in Q1 increased from $2,075 per ounce to $2,898 per ounce, despite total production declining from 940,000 ounces to 758,000 ounces [2] - The All-In Sustaining Cost (AISC) for gold rose by 20.4% year-over-year to $1,775 per ounce [2] Group 3 - Barrick's gold production forecast for 2025 remains between 3.15 million to 3.5 million ounces, excluding the output from the Loulo-Gounkoto mine, which has been suspended since January due to tax violation allegations [1] - The company plans to update its production guidance once there is clarity on the resumption of operations at the Loulo-Gounkoto mine [1] - Barrick is currently streamlining its operations following its merger with Randgold Resources and is pursuing the sale of the Tongon mine in Côte d'Ivoire and the Hemlo mine in Canada [1]