Two Big Challenges for Barrick Gold Corporation (USA) (ABX) Earnings

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Already, costs of developing the project have climbed over the $8 billion mark, showing how much is at stake. Joint-venture partner Silver Wheaton Corp. (USA) (NYSE:SLW) will bear some of the damage from the move, but Barrick still faces the difficult decision of how to move forward with the mine from here.

In the Barrick earnings report, watch to see if the company comments on strategic plans for Pascua-Lama going forward. Obviously, rising gold prices would help the company’s other assets, but with so much invested in the project, investors need to know how Barrick will deal with project in order to assess the company’s overall profit prospects.

The article 2 Big Challenges for Barrick Gold Earnings originally appeared on Fool.com is written by Dan Caplinger.

Fool contributor Dan Caplinger owns shares of Silver Wheaton. You can follow him on Twitter @DanCaplinger. The Motley Fool has no position in any of the stocks mentioned.

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