Barrick increases production amid lower prices, continues to target late 2026 or 2027 IPO - Financial Post

AI desk brief

Barrick reported third-quarter gold production of 816,000 ounces, up 6% year over year, while net earnings rose 1% to $1.32 million amid rising costs. The company said it still planned an IPO of its North American assets late in the publication year or early in 2027, despite declining gold prices. It also confirmed plans to shift its primary listing from Toronto to the New York Stock Exchange. These developments primarily concern Barrick’s operating performance and corporate structure; the supplied figures do not establish a material near-term bullion-price effect.