Barrick Mining Corp.
Coverage of Barrick Mining Corp. in the Nexus archive.
- Barrick Mining: Q2 Earnings Snapshot
Barrick Mining Corporation reported a second-quarter profit of $1.22 billion, achieving 73 cents per share, with adjusted earnings reaching 82 cents per share. These results surpassed Wall Street expectations and the company posted revenue of $5.29 billion in the period. Shares have seen an overall climb of 86% over the last 12 months.
- Barrick Chairman's Planned Overhaul Meets Investor Backlash
John Thornton was expected to step down as chairman of Barrick Mining Corp. last year after a turbulent tenure. Instead, he seized control from his long-time CEO. He is now driving an overhaul of one of the world’s largest gold producers.
- Barrick Evacuates Chile Workers by Helicopter After Storm
Barrick Mining Corp. evacuated workers stranded in their Barriales camp in northern Chile after severe storms blocked road access. The evacuation was conducted by helicopter and all workers were safely removed.
- Barrick Pledges Up to $3 Billion in Buybacks Ahead of IPO
Barrick Mining Corp. has pledged up to $3 billion in buybacks ahead of its initial public offering (IPO). The move is seen as a strategic decision to boost investor confidence. Barrick Mining Corp.'s IPO is expected to be a significant event in the mining industry.