Barrick Gold posts quarterly loss on charges at Zambia, Chile mines

Wed Feb 18, 2015 7:22pm EST
 
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Feb 18 (Reuters) - Barrick Gold Corp on Wednesday reported a net loss in the fourth quarter as it booked $2.8 billion in after-tax impairment charges related mostly to its Lumwana mine in Zambia and its Cerro Casale project in Chile.

Barrick, the world's biggest gold producer by ounces, reported a net loss of $2.85 billion, or $2.45 a share, in the quarter ending in December compared with a net loss of $2.83 billion, or $2.61 a share, in the same period a year ago. (Reporting by Nicole Mordant in Vancouver; Editing by Ken Wills)