Key Takeaways Barrick agreed to sell its Tongon mine and exploration assets in Cote d'Ivoire for up to $305M.The deal extends Barrick's portfolio reshaping after multiple asset sales.Proceeds will bolster its balance sheet, fund growth and enhance shareholder returns.Barrick Mining Corporation (B) recently agreed to sell its interests in the Tongon gold mine and certain of its exploration properties in Côte d’lvoire to the Atlantic Group for total consideration of up to $305 million, including a cash consid ...

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Copper has surged past $11,000 per ton for the first time since May 2024. The red metal is up around 21% year-to-date in a rally driven by more than just long-term demand. It is a combination of regulatory pressure, political instability, and a narrow supply base.The world's biggest producers are stumbling, and environmental disputes freeze some of the best mines and projects. ESG regulations are locking up millions of tons of untapped supply. Unlike gold's de-dollarization breakout, copper gains are rooted ...

TORONTO, Oct. 09, 2025 (GLOBE NEWSWIRE) -- Barrick Mining Corporation (NYSE:B)(TSX:ABX) will release its third quarter 2025 results before markets open on Monday, November 10, 2025 at 6:00 AM ET. The management team will host a webcast to discuss the results at 11:00 AM ET followed by a question-and-answer session with analysts. Q3 Results release November 10, 06:00 ET Live presentation and webcast November 10, 11:00 ETRegister to attend the webcast The presentation materials will be available on Barrick’s ...

Core Insights - Barrick Mining Corporation's shares have surged 114.4% year to date, primarily driven by record gold prices amid economic and geopolitical uncertainties [1][7][16] - The company's stock performance has outpaced the S&P 500's 15.6% increase but lagged behind the Zacks Mining – Gold industry's 124.4% rise [2] Stock Performance - Barrick's stock broke above its 50-day simple moving average (SMA) on May 30, 2025, and is currently trading above its 200-day SMA, indicating a long-term uptrend [5] - The 50-day SMA has been higher than the 200-day SMA since a golden crossover on April 9, 2025, suggesting a bullish trend [5] Production and Growth Projects - Key projects such as Goldrush, Lumwana, and Reko Diq are on track to enhance gold and copper output [7][10] - The Goldrush mine aims for 400,000 ounces of production annually by 2028, while the Reko Diq project is expected to produce 460,000 tons of copper and 520,000 ounces of gold annually in its second phase [11][12] Financial Health - Barrick has a strong liquidity position with cash and cash equivalents around $4.8 billion as of Q2 2025, and operating cash flows of approximately $1.3 billion, up 15% year over year [13] - The company returned $1.2 billion to shareholders in 2024 through dividends and share repurchases, with a new repurchase program authorized for up to $1 billion [14] Cost Challenges - Barrick faces higher production costs, with cash costs per ounce of gold and all-in-sustaining costs (AISC) increasing by approximately 17% and 12% year over year, respectively [18] - For 2025, total cash costs are projected to be between $1,050-$1,130 per ounce, and AISC between $1,460-$1,560 per ounce, indicating a year-over-year increase [19] Production Outlook - The company expects attributable gold production to be between 3.15-3.5 million ounces for 2025, a decline from 3.91 million ounces in 2024, primarily due to the suspension of operations at the Loulo-Gounkoto mine [20] Earnings Estimates - Earnings estimates for Barrick have been revised upward, with the Zacks Consensus Estimate for 2025 and 2026 indicating year-over-year increases of 65.9% and 17.8%, respectively [21] Valuation - Barrick's stock is trading at a forward price/earnings ratio of 14.35X, which is about 14.4% lower than the industry's average of 16.76X [23] Investment Recommendation - The combination of production growth initiatives, strong financial health, rising earnings estimates, and attractive valuation suggests a positive outlook for Barrick, although high costs and a subdued production forecast warrant caution [26]

Barrick Mining Corporation (NYSE: B ) is a world-class gold and copper mining company that has a large presence across the globe. They have 6 Tier One gold mines and 3 copper mines, andI believe in fundamental analysis and disciplined market research. I have strong quant background with a Ph.D. (Chemical Engineering, University of California, Santa Barbara) in model predictive control and an MBA (Jones School of Business, Rice University). My primary focus is to identify 1) small cap companies with strong f ...

I believe in fundamental analysis and disciplined market research. I have strong quant background with a Ph.D. (Chemical Engineering, University of California, Santa Barbara) in model predictive control and an MBA (Jones School of Business, Rice University). My primary focus is to identify 1) small cap companies with strong fundamentals and growth potential, 2) large cap companies going through temporary set-backs, and 3) stable companies with solid dividend yields and growth potential.Analyst’s Disclosure: ...

Core Insights - Barrick Mining Corporation is leveraging its strong cash generation and healthy balance sheet to provide value to shareholders, emphasizing its role as a capital return-driven gold producer [1][7] - The company generated approximately $4.5 billion in operating cash flow in 2024, returning about $1.2 billion to shareholders through dividends and share repurchases [1][7] Financial Performance - In February 2025, Barrick's board approved a share repurchase program of up to $1 billion, with $411 million repurchased in the first half of 2025 [2] - Barrick ended the second quarter with cash and cash equivalents of around $4.8 billion, generating operating cash flows of roughly $1.3 billion in the quarter, a 15% increase year over year [3] - Free cash flow rose to approximately $395 million from $340 million in the prior-year quarter [3] Dividend and Shareholder Returns - Barrick maintains a sustainable base dividend supported by performance-linked distributions, with a current dividend yield of 1.8% and a payout ratio of 25% [2] - The company is well-positioned to pursue exploration and development opportunities while maintaining capital returns and funding organic growth [3] Market Position and Valuation - Barrick's shares have increased by 119.6% year to date, compared to a 121.7% rise in the Zacks Mining – Gold industry [6] - The stock is currently trading at a forward 12-month earnings multiple of 14.35, which is about a 13.4% discount to the industry average of 16.57 [10] Earnings Estimates - The Zacks Consensus Estimate for Barrick's earnings in 2025 and 2026 indicates a year-over-year rise of 65.9% and 17.8%, respectively, with EPS estimates trending higher over the past 60 days [9]

About this content About Sean Mason Sean Mason is a Senior Journalist at Proactive, having researched and written about Canadian and US equities for 20 years. Sean graduated from the University of Toronto with a BA in history and economics and has also passed the Canadian Securities Course. He previously worked at Investors Digest of Canada, Stockhouse, and SmallCapPower.com. Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and action ...

Barrick Mining (TSX: ABX; NYSE: B) said on Monday it has agreed to sell its interests in the Tongon gold mine and certain exploration properties in Côte d’Ivoire to the Atlantic Group for up to $305 million.The transaction includes a cash payment of $192 million, which covers a $23 million shareholder loan repayment due within six months of closing. Barrick said the proceeds will be used to further strengthen its balance sheet and support its commitment to shareholder returns.The deal is expected to close i ...