Barrick Gold (GOLD.US) Q2 earnings beat expectations, Mali gold mine faces nationalization crisis.

According to the Wise Finance APP, Barrick Gold (GOLD.US) reported second-quarter profits that exceeded analysts' expectations, with the surge in gold prices helping the mining giant offset the impact of production declines. Adjusted earnings per share for the company in the second quarter were 47 cents, compared to analysts' average expectation of 45 cents; revenue was $36.8 billion, a 16.5% increase year-on-year which fell short of market expectations.