Barrick Mining Corporation Stock Price, News & Analysis

Barrick Mining (NYSE:B) has appointed former Shell CEO Ben van Beurden as Lead Independent Director, succeeding Brett Harvey who held the position since 2013. Van Beurden, who joined Barrick's Board in May 2025, brings nearly four decades of experience in energy and natural resources sectors.

During his tenure at Shell, van Beurden led the company's transformation from an oil-focused business to a diversified energy leader. He currently serves as a senior advisor at KKR, board member at Mercedes-Benz Group AG, and Chairman of Clariant. Brett Harvey, who has been on Barrick's board since 2005, will continue as a board member.

Barrick Mining (NYSE:B) reported strong Q2 2025 results with significant improvements across key metrics. Net earnings per share reached $0.47, while operating cash flow for H1 2025 increased 32% year-over-year to $2.5 billion. Free cash flow surged 107% to $770 million.

Production showed notable growth with Q2 gold output up 5% and copper production rising 34% compared to Q1. Nevada Gold Mines led with an 11% production increase, while Pueblo Viejo saw a 28% boost. The company declared a $0.15 dividend and repurchased $268 million in shares during Q2.

Key growth projects remain on track, including Reko Diq's development and Fourmile's exploration program, which could potentially double existing resources by year-end. The company maintains strong sustainability performance with a 50% reduction in lost time injuries and continues advancing responsible closure initiatives.

Barrick Mining (NYSE:B) has announced two significant shareholder returns initiatives. The company declared an enhanced Q2 2025 dividend of $0.15 per share, payable on September 15, 2025, to shareholders of record as of August 29, 2025.

Additionally, Barrick reported substantial progress in its share buyback program, having repurchased 13.50 million shares in Q2. Since the program's February 2025 announcement, the company has bought back 21.19 million shares (approximately 1.2% of outstanding shares) for a total of $411 million, with $268 million spent in Q2 alone.

Barrick Mining (NYSE:B) has announced the sale of its Alturas Project in Chile to Boroo Pte Ltd for an upfront payment of $50 million. The deal includes a 0.5% net smelter return royalty on gold and silver production, capped at 2 million ounces of gold equivalent, with Boroo having the option to repurchase the royalty for $10 million within four years of closing.

The transaction, expected to complete in Q3 2025, involves the sale of Barrick's subsidiary Compañia Minera Salitrales SpA. CEO Mark Bristow emphasized that while Chile remains strategically important for Barrick, this divestment aligns with the company's strategy to focus on Tier One gold and copper operations.

Barrick Mining (NYSE:B) has published additional site-level disclosures for its tailings storage facilities (TSFs) in compliance with the Global Industry Standard on Tailings Management (GISTM). The company currently has 13 facilities in Safe Closure, with plans to add five more facilities next year.

CEO Mark Bristow emphasized Barrick's commitment to transparency and responsible operation of TSFs. As an ICMM member, the company has actively contributed to developing industry standards. The safe closure process involves stakeholder engagement, biodiversity conservation, and protection of cultural values.

Hexagon US Federal (HEXA) has successfully achieved Cybersecurity Maturity Model Certification (CMMC) Level 2, validating its robust cybersecurity infrastructure and data protection capabilities. This certification confirms the company's compliance with the Department of Defense's stringent cybersecurity standards.

According to Executive Director of Information Technology Lisa Vaughan, this milestone demonstrates the company's commitment to maintaining secure systems for defense and federal partners. Hexagon US Federal plans to continue investing in cybersecurity practices to address evolving threats and support the defense industrial base.

Barrick Mining Corporation (NYSE:B) and Komatsu have launched a groundbreaking partnership to implement the FrontRunner Autonomous Haulage System (AHS) at Nevada Gold Mines (NGM) operations. This marks the first U.S. deployment of the system, which will automate NGM's fleet of 300 and 230 tonne haul trucks across their surface operations.

The initiative features a custom 5G communications infrastructure by Sedna and Nokia to ensure reliable system performance. The partnership aims to enhance workplace safety by reducing operator exposure to hazards while improving operational efficiency through better fleet performance and fuel consumption.

Barrick Mining (NYSE:B) hosted its Annual Sustainability Update and released its Summary Sustainability Report, highlighting six years of sustainability achievements since its transformative merger. The company has distributed over $70 billion to various stakeholders including workers, local businesses, community projects, and governments.

Under CEO Mark Bristow's leadership, Barrick's sustainability initiatives focus on UN Sustainable Development Goals, workplace safety, and greenhouse gas emissions management. The company has made significant progress in transitioning to renewable energy sources and has invested in community infrastructure including schools, health clinics, and water access facilities.

The new Summary Sustainability Report complements the comprehensive 2024 Sustainability Report, offering stakeholders a more accessible overview of the company's global environmental and social impact.

Crawford & Company (NYSE: CRD-A and CRD-B) announced an increase in its quarterly dividend. The Board of Directors approved a quarterly dividend of $0.075 per share for both Class A and Class B Common Stock, representing a $0.005 increase from the previous quarter.

The dividend will be paid on August 29, 2025, to shareholders of record as of August 15, 2025.