Barrick production trending towards upper-end of guidance

Gold major Barrick Gold said on Thursday that its full-year production was continuing to trend towards the upper end of its 5.1-million to 5.6-million ounce guidance range, despite third-quarter production being lower than that of the second quarter.

CEO Mark Bristow said that the third-quarter production results were strong across its portfolio and explained that the quarter-on-quarter gold production drop was the result of operational restrictions at North Mara, in Tanzania.