http://www.marketwatch.com/story/barrick-reports-second-quarter-2013-results-2013-08-01-61733138
Barrick Gold Corporation
ABX
-1.34%
CA:ABX
-4.06%
(Barrick or the
"company") today reported a second quarter net loss of $8.56 billion
($8.55 per share), reflecting $8.7 billion in after-tax impairment
charges largely driven by significant decreases in long-term metal
price assumptions following the sharp declines in spot prices in the
second quarter. The total charge is comprised of: $5.1 billion for
the Pascua-Lama project, $2.3 billion in goodwill impairments and
$1.3 billion in other asset impairment charges.
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