By Marianne Kobak McKown
Elko Daily Free Press
A combination of falling gold prices, rising costs at mine sites and dropping share prices forced Barrick Gold Corp. to eliminate about 65 administrative positions in its North American region.
“We’ve had a long period of growth in North America,” said Lou Schack, director of communications for Barrick Gold of North America.
North American sites remain the most productive, and “we intend to keep it that way. … To do that, it is critical we cut costs,” he said.