American Barrick Resources Corp., a Toronto-based company that has interests in six producing gold mines in Utah, Nevada, Ontario and Quebec, reported its strongest performance in the company's history for the first half with new records for production and earnings.

Net income increased 46 percent to $40.2 million, or 30 cents per share for the first half, up from $27.5 million, or 21 cents per share, for the same period last year.Gold production was 373,675 ounces in the six months, up from 274,196 ounces in the firs, resulting from a 62 percent increase in production from the Goldstrike Mine in Nevada.

Citing its "hedging program," the company said it realized an average price of $433 per ounce for its gold during the first six months, compared with the Comex average gold price of $366 per ounce for the same period.

Accordingly, revenue was $163.2 million for the six months compared with $114.3 million in the same period last year.