Barrick Gold posts smaller quarterly loss

Wed Feb 17, 2016 5:12pm EST
 
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Feb 17 (Reuters) - Barrick Gold Corp , the world's largest gold producer, reported a smaller quarterly loss as sale of its non-core assets helped offset a continued slump in gold prices.

Net loss attributable to Barrick was $2.62 billion, or $2.25 per share, in the quarter ended Dec. 31, compared with a loss of $2.85 billion, or $2.45 per share, a year earlier.

Revenue fell about 11 percent to $2.24 billion. (Reporting by Manish Parashar in Bengaluru; Editing by Anil D'Silva)