Gold Mining Companies Report Mixed Q4 Earnings

Barrick Gold leads with strong profit, while New Gold posts a loss.

• Kinross Gold Corp. reported a fourth-quarter profit of $65.4 million, surpassing Wall Street expectations.
• Barrick Gold Corp. announced a fourth-quarter net income of $479 million, exceeding analyst forecasts.
• New Gold Inc. reported a fourth-quarter loss of $27.4 million, falling short of Wall Street expectations.
• For the year, Kinross Gold reported a profit of $416.3 million and Barrick Gold a profit of $1.27 billion.
• New Gold reported a yearly loss of $64.5 million, with revenue at $786.5 million.

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