Barrick Gold Reports Q3 2026 Earnings with 22% Revenue Growth
Barrick Gold reported strong third-quarter 2026 financial results, highlighted by a 22% year-over-year increase in revenue to $5.07 billion and a 41% surge in adjusted net earnings to $1.35 billion ($0.82 per share). The growth was primarily driven by higher realized metal prices and robust operational execution across its gold and copper segments. Despite rising All-In Sustaining Costs (AISC) for both gold and copper due to elevated diesel prices and royalties, the company maintained strong cash flow and increased its net cash position to $900 million. Management reiterated full-year production guidance for gold and copper while noting strategic shifts, including slowed development at the Reko Diq project due to security concerns and preliminary review findings.
Tickers: $GOLD
Topics: Copper Production EBITDA Gold Production Revenue Growth Share Buybacks