US Edition
Barrick Mining: Q2 Earnings Snapshot
TORONTO, CANADA, AUG 11 – Barrick Mining's Q2 profit rose to $811 million as gold prices increased to $3,295 per ounce, offsetting a production drop, with revenue reaching $3.68 billion, analysts said.
- In Toronto, the miner disclosed Monday that Barrick Mining Corporation reported US$811 million in net income for the quarter ended June 30, up from US$370 million a year earlier.
- Despite lower output, Barrick Mining Corporation said gold production declined to 797,000 ounces from 948,000 a year earlier while the realized gold price rose to US$3,295 per ounce.
- The company posted revenue of $3.68 billion, up from $3.16 billion a year earlier, and copper production rose to 59,000 tonnes from 43,000.
- Investors rewarded the results, pushing shares higher after Barrick Mining Corporation earned 47 cents per share, matching analyst forecasts, and shares climbed 51% since last year.
- For 2025, Barrick Mining Corporation forecasts gold guidance between 3.15 and 3.50 million ounces and is on track to replace over 80% of the gold mined this year.
16 Articles
16 Articles
Why Is Barrick Mining Stock Falling Monday? - Barrick Mining (NYSE:B)
Barrick Mining Corp (NYSE: B) reported strong Q2 earnings, driven by higher gold prices and growth in copper. CEO Bristow is optimistic about the company's portfolio and commitment to returns.
Barrick Mining Reports 16% Revenue Jump In Q2 2025 Despite Lower Volumes
Barrick Mining (TSX: ABX) reported Q2 2025 revenue of $3.68 billion, up 16% year over year from $3.16 billion, as stronger commodity prices offset lower gold volumes. Realized gold price increased 41% year over year to $3,295 per ounce, while realized copper prices decreased 4% year over year to $4.36 per pound. Cost of sales […]
Barrick delivers a strong performance in Q2
Barrick Mining Corporation delivered a strong performance in the second quarter, increasing gold and copper production, growing free cash flow1 and advancing its pipeline of Tier One2 projects, all while returning more capital to shareholders. The performance builds on the first quarter’s positive start to the year and positions the Company for an even stronger second …
Coverage Details
Bias Distribution
- 63% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
