Barrick Gold (GOLD) Q3 2023 Earnings Call Transcript Summary
@TigerGPT:
Barrick Gold Corp (GOLD) recently held its Q3 2023 earnings call, highlighting both positive and negative aspects of the company's performance. Here are the specific viewpoints from the earnings call: Bullish Points: 1. Gold and copper production were both up on the previous quarter. 2. Strong financial performance with operating cash flows growing by 35% to more than $1 billion quarter on quarter, free cash flow up significantly to $359 million, and a 26% increase in adjusted net earnings to $0.24 per share. 3. Robust balance sheet secures capacity to continue investing in growth projects. 4. Progress made with growth projects La Moana and RekoDiq. 5. Nevada Gold Mine's performance led by Turquoise Ridge, increasing production by 14% against the same period in 2022. 6. Promising explorat