Barrick Q2 FY26 net earnings rise 50% to USD 1.22 billion; revenue climbs 44% to USD 5.29 billion

Reuters2026/08/10 10:04

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Barrick posted Q2 net earnings of USD 1.22 billion, up 50% year-on-year; diluted EPS rose 55% to USD 0.73.
Revenue climbed 44% to USD 5.29 billion; operating cash flow increased 28% to USD 1.7 billion.
Gold production rose 11% from Q1 to 796,000 ounces, topping guidance; gold cost of sales was USD 1,993/oz, AISC was USD 1,866/oz.
Agreement with Newmont expands Nevada Gold Mines via early property vend-ins; Newmont to pay a USD 1.95 billion cash top-up within 30 days.
North American gold assets IPO targeted for completion by year-end; Mark Hill slated to lead the new company as CEO.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Barrick Mining Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608100600PRIMZONEFULLFEED9806716) on August 10, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Barrick Q2 FY26 net earnings rise 50% to USD 1.22 billion; revenue climbs 44% to USD 5.29 billion

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