Will Barrick's Higher Costs Undercut Its Profit Momentum Ahead?

Key Takeaways Barrick's Q3 profits rose on higher gold prices, but cash costs and AISC increased year over year.Lower production, partly from the Loulo-Gounkoto suspension, contributed to higher unit costs.Barrick's projected 2025 cash costs and AISC signal a year-over-year increase at the midpoint.Barrick Mining Corporation’s (B) third-quarter profits jumped on higher gold prices, but higher unit costs remained a drag.  Its cash costs per ounce of gold and all-in-sustaining costs (AISC) — a critical cost m ...