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Barrick Reports Share Repurchases and Declares Q1 Dividend

Barrick Mining Corp. Reported a first-quarter 2025 profit of US$474 million with 758,000 ounces of gold produced globally.
The profit followed lower gold output partly due to the Loulo-Gounkoto mine suspension and rising safe-haven demand amid tariff uncertainty.
The quarter's revenue rose to $3.13 billion compared to $2.75 billion in the previous year, with copper output reaching 44,000 tonnes and the average realized gold price at $2,898 per ounce.
Barrick also reported all-in sustaining gold costs rose 20.4% to US$1,775 per ounce but expects lower costs with higher future output, and profits beat analysts’ estimate of 28 cents per share.
The company projects full-year 2025 gold production between 3.15 and 3.50 million ounces excluding Loulo-Gounkoto and continues divestment plans while awaiting mine restart clarity.

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