Minor· 25
Barrick Mining Beats Profit Forecasts as Gold Prices Climb
Barrick Mining posted adjusted profit that topped expectations, powered by higher gold prices. Output rose 3% from the second quarter to 816,000 ounces, and the miner stuck with its 2026 production guidance.
By the Paparazzi deskCaught by @prasetyoputranto571
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qz.com0viewsFact boxTrust 40/100 · Unverified
What we verified
- Original source: qz.com.
- The source published it on Nov 9, 2026 at 12:20 PM.
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Barrick Mining's adjusted profit came in ahead of what analysts expected, with higher gold prices doing the heavy lifting, according to qz.com. Gold production climbed 3% from the second quarter, reaching 816,000 ounces.
The miner also held firm on its 2026 output guidance, reiterating the target rather than revising it. That leaves the company's forward production plan unchanged even as the quarterly numbers landed above forecasts.
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Source: qz.com
Written by Paparazzi with AI. Not financial advice.
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