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Barrick Gold reports loss of $5.4 billion
In spite of record high gold prices, Barrick Gold reported a loss of $5.4 billion in the third quarter of 2009, after closing out its hedge positions. The company is expected to produce 7.4 million ounces of gold this year and 7.9 million ounces in 2010. December gold finished up $16.60 at $1,047.10. Read News
