By Adriano Marchese


Barrick Gold Corp. said Wednesday that it has met its production targets for 2021.

The Canadian mining giant said preliminary gold production for the full year was of 4.44 million troy ounces, within its target range of 4.4 million to 4.7 million.

Barrick said the Africa and Middle East, Latin America and Asia Pacific regions performed particularly well, at the upper end of their regional gold guidance ranges.

Preliminary copper production reached 415 million pounds for the year, toward the lower end of Barrick's target range of between 410 million and 460 million pounds.

In the fourth quarter, the company said it sold about 1.23 million ounces of gold and 113 million pounds of copper, with average market prices reaching $1,795 an ounce of gold and $4.40 a pound of copper.

Barrick is scheduled to release its fourth-quarter and full-year results on Feb. 16.


Write to Adriano Marchese at adriano.marchese@wsj.com


(END) Dow Jones Newswires

01-19-22 0729ET