AI Issue 4 2017

Acquisition International - April 2017 47 Heart of Gold embedding it into every fibre of the business. This will make the firm faster, safer, and more efficient, and will allow it to be more transparent with its partners than ever before. In the end, Barrick wants to be among the very best 21st century companies, not just in its industry, but in any industry. For 2017, Barrick expects to produce 5.6-5.9 million ounces of gold at a cost of sales of $780-$820 per ounce, and all-in sustaining costs1 of $720-$770 per ounce. Copper production guidance is 400-450 million pounds, at a cost of sales of $1.50-$1.70 per pound, and all-in sustaining costs2 of $2.10-$2.40 per pound.