Barrick Mining Reports Third-Quarter Profit of US$1.32 Billion

Barrick Mining Corp. reported a third-quarter profit of US$1.32 billion for the period ending September 30, 2026, rising from US$1.30 billion in the same quarter the previous year. Revenue for the period increased to US$5.07 billion, up from US$4.15 billion in the third quarter of 2025.

Financial gains were driven by higher realized prices for metals. Gold prices increased to US$4,243 from US$3,457, while copper rose to US$6.54 per pound from US$4.39. Consequently, profit per diluted share reached 80 cents US, compared to 76 cents US a year earlier, and adjusted earnings per share rose to 82 cents US from 58 cents US.

Despite the increase in profit and revenue, the company experienced a decline in production volumes. Gold production fell to 816,000 ounces from 829,000, and copper production dropped to 50,000 tonnes from 55,000.