Barrick posts higher earnings, sees lower costs, higher output

Barrick Gold Corp , the world's largest producer of bullion, reported a bigger quarterly profit on Wednesday, reflecting higher gold prices and lower costs, while cutting its 2016 production costs and lifting its output. Toronto-based Barrick reported adjusted earnings of $278 million, or 24 cents per share, in the three months to end-September. Analysts on average had expected the company to earn 20 cents a share, according to Thomson Reuters I/B/E/S. Barrick, which has mines in the Americas, A