Barrick Mining Boosts Earnings, Dividend

episode

Business News Today | 2 Min News | The Daily News Now! not yet transcribed

▲ 0

Transcript

This episode hasn't been transcribed yet Upvotes decide what gets transcribed next — 0 so far. Sign in to upvote

More from Business News Today | 2 Min News | The Daily News Now!

Japanese Capsule Hotels: Budget Solution for London Hybrid Workers 1 min · 20 Dec 2025

Russia's War Economy: Sustainable or Unsustainable? 2 min · 20 Dec 2025

All episodes from Business News Today | 2 Min News | The Daily News Now! →

Report any issue

Source

Recorded10 Nov 2025

Publisherfeeds.acast.com ↗

Handlerec:2198864

Show notes

Barrick Mining Corporations third-quarter earnings, announced on November tenth, showed mixed results. While profits met expectations, total revenue fell short of predictions, leading to a three percent rise in shares. Earnings per share were fifty-eight cents, slightly below the sixty-one cents forecast. Total revenue was four point one five billion dollars, missing the four point three six billion dollars estimate. However, gold production increased by four percent, reaching eight hundred twenty-nine thousand ounces, and the average price for gold surged by eighty-two percent to three thousand four hundred fifty-seven dollars per ounce. This boosted operating cash flow to a record two point four billion dollars, prompting a twenty-five percent increase in the quarterly dividend to seventeen point five cents per share.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.