Newmont Sets a High Bar With Record Q2 Free Cash Flow: Will It Last?

Key Takeaways Among its major peers, Barrick Mining Corporation (B) reported a free cash flow of $375 million for the first quarter, a nearly 12-fold year-over-year rise. The surge reflects Barrick's higher operating cash flows driven by an uptick in realized gold and copper prices. Barrick reduced net debt by 5% during the quarter, leveraging healthy free cash flow generation. Agnico Eagle Mines Limited (AEM) also generated solid first-quarter free cash flows of $594 million, up around 50% year over year, ...