08:05 AM EDT, 07/25/2024 (MT Newswires) -- Barrick Gold ( GOLD ) was down more than 2% in US premarket trade Thursday despite saying the Porgera mine in Papua New Guinea has since resuming mining in December last year "met or exceeded" its targets despite the operational challenges presented by a landslide in the country.

The miner said gold production for the first half was above guidance while all-in sustaining costs are trending lower.0

Barrick's share price was down near 3% at last look to US$17.92 in NYSE pre-market trading.