Barrick Builds Momentum in Q2 With Higher Production, Stronger Cash Flows and Key Growth Projects on Track | Metals Mine

  • Barrick Builds Momentum in Q2 With Higher Production, Stronger Cash Flows and Key Growth Projects on Track

    From barrick.com

    Barrick Mining Corporation (NYSE:B)(TSX:ABX) (“Barrick” or the “Company”) delivered a strong performance in the second quarter, increasing gold and copper production, growing free cash flow1 and advancing its pipeline of Tier One2 projects — all while returning more capital to shareholders. The performance builds on the first quarter’s positive start to the year and positions the Company for an even stronger second half. Net earnings per share rose to $0.47 for the quarter, with adjusted net earnings per share1 also at $0.47. Operating cash flow for the first half of the year was $2.5 billion, 32% higher ... (full story)

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