Key projects advance as barrick keeps tight focus on value creation and growth

Second quarter 2024 results all amounts expressed in u.s. dollars toronto, aug. 12, 2024 (globe newswire) -- barrick gold corporation (nyse:gold)(tsx:abx) today reported increased earnings and production for its second quarter, in line with guidance, and said the company was on track for a strong second half of the year. net earnings1 were up 25% and the attributable ebitda margin2 was up 17% quarter on quarter to 48% with strong operating cash flows of $1.16 billion and a material increase in free cash flow3 to $340 million.
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