Barrick Mining Reports 37% Rise in Q3 Adjusted Earnings and Maintains 2026 Production Guidance - Yahoo Finance

AI desk brief

Barrick reported Q3 2026 gold production of 816,000 ounces, up 3% quarter-on-quarter but down 2% year-on-year, and maintained full-year guidance of 2.90–3.25 million ounces. Adjusted net earnings rose 37% to $1.35 billion, supported by higher realised gold prices, while revenue increased 22% to $5.07 billion but missed consensus. Gold all-in sustaining costs climbed to $1,911/oz from $1,538/oz a year earlier, which Barrick attributed to lower grades, higher price-linked royalties and rising diesel costs. Unchanged output guidance and higher costs chiefly inform Barrick's operating outlook; the report establishes no directional near-term bullion effect.