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NEM - Barrick Gold: Inflationary Pressures Are Eroding Profit Margins
Newmont Mining Corporation
Barrick recorded total sales of $2,853 million, down 3.5% year-over-year. The company's net earnings were $438 million, or $0.25 per diluted share in the first quarter of 2022.
The company reported first quarter production for gold of 990K Au ounces (sold 993K Oz) and 101M Cu Lbs (sold 113M Cu Lbs).