Barrick Gold Sets Target for 30% Production Growth by 2030

Barrick Gold Corporation (GOLD) is progressing with its growth projects, aiming for a 30% increase in gold equivalent ounces by the end of the decade. Barrick met its targets for 2024, achieving its gold and copper production guidance amid a challenging backdrop. The company also enhanced its financial performance, posting a 69% rise in net earnings—the highest in 10 years—along with 20% growth in operating cash flow and a doubling of free cash flow from 2023 despite facing higher costs.The company has been ...