Barrick’s 2014 full year gold production guidance is 6.0-6.5 million ounces from a portfolio that includes some of the world’s premier gold assets. Expected all-in sustaining costs and adjusted operating costs of $920-$980 per ounce1 and $590-$640 per ounce1, respectively, are the lowest cost guidance of the senior gold producers.
Our five core mines — Cortez and Goldstrike in Nevada, Lagunas Norte in Peru, Veladero in Argentina and Pueblo Viejo in the Dominican Republic — are expected to generate about 60% of 2014 production at all-in sustaining costs of $750-$800 per ounce1. These superior assets position Barrick extremely well amongst our peers in the current gold price environment.
Copper production in 2014 is expected to be 470-500 million pounds at C1 cash costs of $1.90-$2.101 per pound and C3 fully allocated costs of $2.50-$2.75 per pound1.