Barrick Posts Solid Q2 Results, CEO Sees 'Sustainable Value Creation'

Barrick Mining Corporation (NYSE:B) posted strong second-quarter 2025 earnings, reporting net earnings per share of 47 cents alongside solid operational and financial gains. Higher gold prices helped the firm achieve strong cash flows, while copper remained a growth driver.

"Q2 was another quarter where Barrick delivered on all fronts. We're growing production, lowering costs and advancing the industry's most exciting pipeline of gold and copper projects," said President and Chief Executive Mark Bristow.

"From the ramp-up at Goldrush to the progress at Pueblo Viejo, Lumwana and Reko Diq, not to mention the transformational potential of Fourmile, we're demonstrating the strength and depth of our portfolio," he added.

In the second quarter, Barrick achieved an attributable production of 797,000 ounces of gold and 59,000 metric tons of copper. Gold guidance for 2025 sits between 3.15 and 3.50 million ounces, while the copper is anticipated between 200,000 and 230,000 metric tons.

Operating cash flow for the first half of 2025 rose 32% ...