Barrick Mining Corporation (B) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to BEREC's results presentation for the second quarter of 2025. At this time, all participants are in a listen-only mode. After the formal presentation, we will conduct a question and answer session for analysts. As a reminder, this event is being recorded and a replay will be available on BEREC's website later today. I will now turn the call over to Mark Bristow, President and CEO of BEREC. Please go ahead, sir. Thank you very much and a very good morning and good afternoon to everyone and thank you all for joining us today. It's a pleasure to be back in London with the weather has been fantastic and to take you through our second quarter results and share the progress we're making across the business. Quarter two was a productive quarter for Barrick, one where we built on the positive momentum from quarter one with stronger production, continued delivery from our tier one assets, and solid progress on our growth projects. We continue to perform in a global environment that remains uncertain and at times even uneven, reinforcing the value of a diversified portfolio, disciplined capital allocation, and the ability to operate effectively across a range of settings. Our performance this quarter speaks for itself. The portfolio is delivering, our balance sheet remains strong, and the second half is shaping up to be even better. We're growing real value through delivery, and while the market hasn't fully recognized this yet, we see it as a clear opportunity. Before we begin, I'll just remind everyone that today's presentation contains forward-looking statements and financial measures that are subject to a number of risks and assumptions. You'll find the full cautionary in the appendix to this presentation and on our website, which you can read at your leisure. So...