Business

Barrick Reports First Quarter 2026 Results

Disciplined execution drives strong operational and financial performanceQ1 gold production of 719,000 ounces1 beats guidance of 640,000–680,000 ounces1, driven by strong performances at NGM and Veladero, and the ramp-up at Loulo-Gounkoto; copper production of 49,000 tonnes1 in line with plan.Gold costs per ounce were better than plan, driven by efficiencies in mining and processing: gold COS2 of $1,922 per ounce, TCC3 of $1,327 per ounce, and AISC3 of $1,708 per ounce.Operating cash flow of $2.

articleGold.com, Inc.May 11, 202645/company/goldcom-inc/news/barrick-reports-first-quarter-2026-results
Barrick Reports First Quarter 2026 Results

About this update from Gold.com, Inc.

[{"type":"image","alt":"Barrick Mining Corporation","displaySize":"","headline":null,"caption":"Barrick Mining Corporation","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":157,"url":"https://media.zenfs.com/en/globenewswire.com/aca181b13a4703d1a7136b56d04a449b"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/J33yhjR6rKGtm_tFih8eiA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTIyMA--/https://media.zenfs.com/en/globenewswire.com/aca181b13a4703d1a7136b56d04a449b","width":300,"height":157},"resize_sm":{"url":"https://s.yimg.com/ny/api/res/1.2/J33yhjR6rKGtm_tFih8eiA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTIyMA--/https://media.zenfs.com/en/globenewswire.com/aca181b13a4703d1a7136b56d04a449b","width":300,"height":157}},"lazy":false},{"type":"text","content":"Disciplined execution drives strong operational and financial performance","length":73,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Q1 gold production of 719,000 ounces1 beats guidance of 640,000–680,000 ounces1, driven by strong performances at NGM and Veladero, and the ramp-up at Loulo-Gounkoto; copper production of 49,000 tonnes1 in line with plan.","length":221,"tagName":"p"}]},{"val":[{"type":"text","content":"Gold costs per ounce were better than plan, driven by efficiencies in mining and processing: gold COS2 of $1,922 per ounce, TCC3 of $1,327 per ounce, and AISC3 of $1,708 per ounce.","length":180,"tagName":"p"}]},{"val":[{"type":"text","content":"Operating cash flow of $2.55 billion increased 111% year-on-year, attributable operating cash flow of $1.97 billion increased 89% year-on-year, and attributable free cash flow3 of $1.21 billion was up 195% year-on-year.","length":219,"tagName":"p"}]},{"val":[{"type":"text","content":"Strong earnings supported by a higher realized gold price3: net earnings per share of $0.96 rose 256% year-on-year, and adjusted net earnings per share3 of $0.98 rose 180% year-on-year.","length":185,"tagName":"p"}]},{"val":[{"type":"text","content":"Gold production expected to increase sequentially throughout the year with Q2 gold production of 730,000–770,000 ounces1; full year production and cost guidance remains unchanged.","length":179,"tagName":"p"}]},{"val":[{"type":"text","content":"North American Barrick IPO progressing as planned, targeting completion by year end.","length":84,"tagName":"p"}]},{"val":[{"type":"tex...

More updates from Gold.com, Inc.

net earningsOperating cash flownet earningscapital expendituresCapital expenditurefree cash flowOperating Cash Flowfree cash flowgold productiongold productionBarrick Mining Corporation