Barrick’s South America region hosts 51.7 million ounces of gold or 37% of the company’s 2012 proven and probable gold reserves1.
In 2012, South America produced 1.63 million ounces of gold at total cash costs of $467 per ounce2. In 2013, gold production is expected to be in the range of 1.25-1.35 million ounces at all-in sustaining costs of $875-$925 per ounce2 and total cash costs of $550-$600 per ounce2.