Barrick Gold Corporation, the largest gold producer in the world, reported its Q4 2012 and annual results last week. The company took a hefty impairment charge of $4.2 billion primarily on account of its copper business, which dragged down net profits. However, its operating performance met expectations.
Barrick Gold Can Still Sparkle Despite Higher Costs And Impairment Charges In Results
Forbes - 19 Feb 2013 23:02
Barrick Gold Corporation, the largest gold producer in the world, reported its Q4 2012 and annual results last week. The company took a hefty impairment charge of $4.2 billion primarily on account of its copper business, which dragged down net profits. However, its operating performance met expectations.
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