Barrick Delivered on All Fronts in Q2 2025

SEATTLE (Scrap Monster): In the second quarter of this year, Barrick Mining Corporation performed admirably. The results build on Q1's strong start to the year. The business expects the second half to be much better.

Net earnings per share increased to $0.47 for the quarter, according to a company news release. Additionally, the adjusted net earnings per share were $0.47. For the first half of the year, operating cash flow jumped 32% year over year to $2.5 billion. The free cash flow reached $770 million, a 107% increase.

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Overall, the productivity showed a notable improvement. Production of copper and gold followed instructions. Lumwana made a significant contribution to the 34% increase in copper output and the 5% increase in gold output in Q2. An 11% increase in gold production over the previous quarter was recorded by the Nevada Gold Mines. Pueblo Viejo also produced a 28% increase in output.

The Board authorized a dividend of $0.15 per share. In H1 2025, Barrick gave $573 million back to its investors.

With onsite work speeding up, Reko Diq's development stayed on pace, according to Mark Bristow, President and Chief Executive, Barrick. He noted that the company plans to use partnerships and ongoing projects to capture value across its diversified global portfolio.