Barrick Gold Corporation (ABX) reported a flat $492 million or 56 cents per share in profits in the second quarter of the year, compared to the year ago level of $485 million or 55 cents per share. The Canadian gold miner generated revenues of $2.03 billion, 3% higher than the year ago level. Operating cash flow rose 42% to $718 million compared to $505 million in the same prior-year period. This reflected lower income tax payments as a result of the production mix and the use of tax loss carry forwards. The realized gold price for the quarter was $931 per ounce, which was $33 higher than the year ago level. Gold production reached 1.87 million ounces at total cash costs of $452 per ounce due to strong operating performance in the North and South America regions. This put the company on track with a ...