Tuesday, February 6, 2007

Barrick on track to hit targets

Barrick Gold Corp, the world's biggest gold miner, said on Tuesday it was on track to meet its copper and gold production forecasts for 2006 as well as targeted cost savings from its takeover of Placer Dome.

In a presentation to the Indaba African mining conference in Cape Town, Warwick Morley-Jepson, Barrick's general manager for Africa, said the Canadian miner would hit the targets when it reported its annual results for 2006 later this month.

Read more at FIN24.co.za

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