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Barrick Reports Share Repurchases and Declares Q1 Dividend

Barrick Mining Corp. Reported a first-quarter 2025 profit of US$474 million with gold production of 758,000 ounces and copper production of 44,000 tonnes.
The profit increase followed higher gold and copper prices despite a production decline caused mainly by suspensions at the Loulo-Gounkoto mine in Mali.
Barrick reported an average realized gold price of $2,898 per ounce and a copper price of $4.51 per pound in the first quarter, with revenue increasing to $3.13 billion compared to $2.75 billion in the same period last year.
The company noted all-in sustaining costs rose 20.4% to US$1,775 per ounce but expects costs to decrease as production improves, while analysts' earnings estimate was surpassed at 27 cents per share.
Barrick expects 2025 gold output between 3.15 million and 3.50 million ounces excluding Loulo-Gounkoto and is proceeding with divestments amid ongoing operational streamlining.

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The Globe & Mail

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Barrick CEO says he does not know where Mali is keeping miner’s confiscated gold

Barrick reported a first-quarter profit on Wednesday that beat analysts’ estimates, driven by a surge in gold prices that helped offset lower production

11 days ago·Canada

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Seeking Alpha

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Earnings Snapshot: Barrick's gold production drops, but profit beats amid higher prices

11 days ago·United States

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Hastings Tribune

+3 Reposted by 3 other sources

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Barrick Reports Share Repurchases and Declares Q1 Dividend

All amounts expressed in US dollars

11 days ago

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Winnipeg Free Press

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Barrick reports US$474M first-quarter profit up from US$295M a year ago

Breaking News, Sports, Manitoba, Canada

11 days ago·Winnipeg, Canada

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elinversorenergetico.com

Barrick Mining boosts record profits in Q1 2025 thanks to gold and copper

Barrick Mining Corporation reported a first quarter of 2025 with outstanding financial results. Net profits reached $474 million, an increase of 59% compared to the same period of the previous year. Adjusted net earnings were $603 million, surpassing analysts’ expectations. Gold production was 758,000 ounces, at the top end of the company’s guidance. Although it represents a decrease of 19% compared to the previous year, average gold prices were…

10 days ago

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