From world-class asset base, barrick hunts new opportunities

First quarter 2023 results all amounts expressed in us dollars toronto, may 03, 2023 (globe newswire) -- barrick gold corporation (nyse:gold)(tsx:abx) — the completion of major processing plant maintenance at nevada gold mines, the conversion of the goldstrike autoclave to a carbon-in-leach process, a much-improved performance from turquoise ridge and the steady ramp-up of throughput at pueblo viejo's expanded plant will boost production in the second half of the year and keep barrick on track to achieve its 2023 guidance, the company said today. reporting on the results for the first quarter, president and chief executive mark bristow said production, while lower than q4 2022, was on plan, and free cash flow1 had still increased, demonstrating the value of barrick's tier one2 asset portfolio.
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