Welcome to our dedicated page for Barrick Mining news (Ticker: B), a resource for investors and traders seeking the latest updates and insights on Barrick Mining stock.
Barrick Mining Corporation reports developments tied to its global gold and copper mining, exploration and development portfolio. Company news commonly covers operating and financial results, mine and project updates, technical and governance matters, and capital allocation actions for common shares that trade on the NYSE under B and on the TSX under ABX.
Recurring updates include quarterly results releases, dividend declarations, share repurchase authorizations, annual meeting materials and changes in executive or board oversight. Barrick also reports on its gold assets in North America and other mining jurisdictions, including disclosures connected to major mines, development projects, reserves, production, costs, cash flow and responsible mining obligations.
Barrick Mining (NYSE:B) has announced that its Fourmile project in Nevada is emerging as one of the century's most significant gold discoveries. The updated preliminary economic assessment (PEA) reveals potential for annual gold production of 600-750,000 ounces at mining rates of 1.5-1.8Mt per year.
The project boasts exceptional characteristics including high-grade resources of 3.6Mt @ 11.8g/t for 1.4Moz (M&I) and 14Mt @ 14.1g/t for 6.4Moz (Inferred), with exploration upside potential of 32-34Mt @ 15-16g/t. The project's preliminary economics indicate a mine life exceeding 25 years with projected AISC of $650-750/oz and estimated project capital of $1.5-1.7 billion.
Barrick Mining (NYSE:B) has announced the sale of its Hemlo Gold Mine in Canada to Carcetti Capital Corp. (to be renamed Hemlo Mining Corp.) for up to $1.09 billion. The deal structure includes $875 million in cash, $50 million in HMC shares, and potential additional payments of up to $165 million linked to production and gold prices starting January 2027.
HMC is led by experienced mining executive Robert Quartermain and backed by Wheaton Precious Metals and Orion Mine Finance Management. The transaction, expected to close in Q4 2025, is part of Barrick's strategy to focus on its Tier One gold and copper portfolio, with total proceeds from non-core asset sales expected to exceed $2 billion this year.
Integrum AB (INTEG B) unveiled its new global marketing strategy at the AOPA National Assembly in Orlando, introducing BondedMatrix™, a term describing the OPRA™ Implant System's unique capability to integrate soft tissue and bone. The strategy aims to better communicate the system's distinct advantages in bone-anchored prosthetics.
The OPRA™ Implant System, invented by Dr. Rickard Brånemark, has been refined since 1990 and has been used in over 1,000 implants worldwide. BondedMatrix™ specifically refers to the biologically integrated barrier connecting skin and bone at the penetration site, a unique feature achieved through OPRA's surgical technique and implant design.
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.
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.