Barrick Q3 Revenue Rises 22% to US$5.07 Billion - grafa.com

AI desk brief

Barrick reported Q3 2026 revenue of US$5.07 billion, up 22% year-over-year, while net earnings rose 1% to US$1.32 billion. Gold output reached 816,000 ounces, up 3% sequentially but down approximately 2% year-over-year; excluding divested assets, production increased 6%. All-in sustaining costs rose 24% to US$1,911/oz and attributable free cash flow fell 44% to US$642 million, highlighting operating-cost pressure rather than establishing a bullion-price direction. Full-year guidance remained 2.90–3.25 million ounces of gold and 190,000–220,000 tonnes of copper; the on-budget Lumwana expansion targets first copper by end-Q1 2028.