Barrick Mining (NYSE: B) reports third-quarter results early next month. Its second-quarter net earnings rose 50% year on year to $1.22 billion, helped by higher gold and copper prices, but attributable free cash flow fell to $141 million from $212 million a year earlier. The company returned $1.50 billion to shareholders in the quarter, more than the cash it had left after spending, while project spending rose 49% and all-in sustaining costs for gold climbed 11%. Cash fell from the end of March but still exceeds debt, and its dividend policy aims to pay about half of attributable free cash flow. An agreement with Newmont to expand the Nevada Gold Mines complex brings Barrick a $1.95 billion cash payment and supports an IPO of its North American gold assets expected by year end, subject to market conditions.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Yahoo Finance ↗
Keywords
Barrick Miningmininggolddividends
Open a keyword to see other news on the same topic.
Related tickers and likely impact
XAU/USD
• NeutralRelevance: low
| Market | Gold |
|---|---|
| Close on 10/20/2026 | 4,125.21 |
| Change that session | -0.38% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- September 2026 Quarterly Results
Westgold Resources (ASX/TSX: WGX) reported Q1 FY27 results for the quarter to 30 September 2026, with gold production of 98.4koz at an AISC of A$2,912/oz, versus 98.9koz at A$2,802/oz in Q4 FY26, and no lost time injuries. Cash, bullion and liquid investments rose A$101M to A$1,040M, with mine operating cash flow of A$292M and an underlying Treasury build of A$251M; the company remains debt-free and unhedged. Group Ore Reserves increased 41% to 4.1Moz, and A$22M of shares were bought back during the quarter under a A$50M FY27 program. A revised policy sets a minimum annual return of 3 cents per share, including a 2 cent fully franked dividend. Westgold remains on track for FY27 guidance of 385–425koz and targets around 500koz by FY29.
- September 2026 Quarterly Results
Westgold Resources (ASX: WGX) reported Q1 FY27 gold production of 98.4koz at an AISC of A$2,912/oz, while mine ore stockpiles rose 51% to 696kt to support continuity through maintenance and wet weather. The AISC margin reached A$3,117/oz, with mine operating cash flow of A$292M and Treasury up A$101M to A$1,040M, and the company remains debt free and fully unhedged. Group Ore Reserves rose 41% to 4.1Moz, and Westgold remains on track for FY27 guidance of 385–425koz. Total capital returns in FY26 were A$122M, including A$95M in dividends and A$27M in buy-backs; A$22M of shares were bought back in Q1 under a A$50M program, and a new policy sets a minimum annual return of 3 cents per share.
- Lower Gold Guidance Could Be A Key Test For Buenaventura Stock (BVN)
Compañía de Minas Buenaventura reported third-quarter 2026 production and updated full-year 2026 guidance of 142,300 to 164,500 ounces of gold and 13.9 to 15.3 million ounces of silver. Gold output at San Gabriel came in below expectations because of processing constraints tied to filtration bottlenecks, while guidance for its other operations is largely unchanged. Analyst consensus models revenue rising about 1.7% a year over the next few years, but profit margins are expected to narrow from 48.6% to 42.7% and earnings to fall from about US$1.1b to US$993.2m by 2029. The company has flagged around US$500m of capex for 2026 and has a policy of distributing at least 40% of prior-year net income.
- AngloGold Ashanti Preaches Buyback Discipline Amid Soaring Valuations
AngloGold Ashanti CFO Gillian Doran said buybacks must be opportunistic, with dividends, set at 50% of free cash flow, remaining the main way to return cash. Her comments came a day after BlackRock's Evy Hambro criticised gold miners for “reckless capital allocation” in announcing large buybacks, as four major producers have approved about $12bn in total. AngloGold has a $2bn five-year buyback programme and returned 62% of free cash flow via dividends in 2025. Doran said the company is balancing shareholder returns with two growth projects, the Arthur Gold Project in Nevada and Quebradona in Colombia, which still faces permitting uncertainty. AngloGold also repaid debt early this year to bolster its funding capacity.
- Company Set to Pay Over VND 2,200 Billion in Dividends to Shareholders in Early November
MSR will pay the first interim cash dividend under its 2/2026 batch at 20% (VND 2,000 per share), with a final record date of Nov. 2 and payment expected on Nov. 6, totaling about VND 2,210 billion. Total 2026 dividends are expected to reach 60%, or about VND 6,600 billion. In the first half, net revenue reached VND 11,131 billion, up about 270%, and profit after tax before minority interests was VND 2,202 billion, compared with a VND 216 billion loss a year earlier, helped by a sharp rise in tungsten prices. In early October, Elmet Group (US) bought a 4.99% stake from a Masan Group subsidiary, while Masan still holds about 87.46%. MSR shares trade around VND 62,700, after hitting a record high of VND 68,000 on Oct. 8.
- Zinc and lead prices surge, and one stock hits its ceiling price after 14 sessions with almost no trading
TMG shares of Kim loại màu Thái Nguyên (Vimico) rose 15% to VND 74,700 per share on 19/10, their highest level in over 7 months, although only 1,400 shares changed hands after 14 sessions with almost no trading. In Q3/2026, net revenue reached VND 443 billion (up 69%) and after-tax profit reached VND 67 billion, four times the year-earlier level, driven by higher prices for zinc ingots, lead concentrate and sulfuric acid. For the first nine months, after-tax profit reached VND 149 billion (up 187%), while total financial debt fell from VND 83 billion to VND 44 billion. TMG will pay a 2026 interim cash dividend at 30% (VND 3,000 per share), with a last registration date of 22/10/2026 and total payments of about VND 54 billion expected on 30/10/2026. Vimico holds 51% of charter capital and is expected to receive about VND 27.54 billion.
Related markets
Latest news
- The simple reason JPMorgan thinks SpaceX will triple: It's going after a $28 trillion market
SpaceX (SPCX) rose 10% on Wednesday after reporting its second earnings as a public company, which showed a profit and large AI revenue. JPMorgan analyst Doug Anmuth more than doubled his price target to $500 from $240, implying upside of over 200% from Wednesday's price. He wrote that no other company is as well positioned to pursue the combined anticipated total addressable market of $28T+. AI, tied to Grok, has overtaken rockets, satellites, telecom and chips to become SpaceX's largest business by revenue. Musk projects annual recurring revenue of between $500 billion and $1 trillion by the end of 2027, and the boards of SpaceX and Tesla have formed special committees to explore a tie-up.
- A Once-in-a-Generation Opportunity: 1 Artificial Intelligence (AI) Stock to Buy Before it Soars 1,233%, According to Cathie Wood
Ark Invest's updated valuation model, led by Cathie Wood, projects Tesla shares could reach $5,000 by 2031 in its upside scenario, versus about $375 currently. The downside scenario still reaches $3,300 per share, while the bull case implies a $20.4 trillion market cap, $1.62 trillion in revenue and a 65% EBITDA margin, compared with Tesla's $95 billion in 2025 revenue and 15.4% adjusted EBITDA margin. Ark estimates robotaxis will account for 80% of Tesla's enterprise value by 2031, with 10 million robotaxis generating $900 billion in annual revenue and 1.2 million Optimus robots generating $254 billion. The author views the current robotaxi operation as small compared with Ark's fleet and Optimus as speculative, and notes Tesla already trades at a premium valuation, so he sees it as a speculative long-term investment and would not buy simply because of a forecast of more than 1,200% upside.
- Is It Time to Sell CoreWeave Stock? Nvidia CEO Jensen Huang Doesn't Think So.
CoreWeave shares fell about 25% from Oct. 12 to Oct. 16 as yields on its debt spiked to 15%, a level the article classifies as distressed debt that signals market doubts about repayment. Nvidia, which held about 47 million shares as of the second quarter, roughly 10% of CoreWeave's total float, has a CEO, Jensen Huang, who says he is 'optimistic' and that CoreWeave's cost of capital is actually decreasing. The article notes CoreWeave is unprofitable but growing revenue rapidly, and that its bonds were initially issued at high yields, showing a gap between market and creditor views. The author is not racing to buy the debt but is not bearish, and believes the stock should be fine if CoreWeave delivers on the major deals it has signed.
- Netflix has dipped its toe into theatrical. Is it ready to jump in?
On its Q3 earnings call, Netflix co-CEO Ted Sarandos reaffirmed the streamer's streaming-first strategy, even as the company plans 30 theatrical releases in 2027, on par with 2026. One test is Greta Gerwig's 'Narnia: The Magician's Nephew,' which will get a wide release and a 49-day exclusive theatrical window in February. The move comes as the stock has slumped roughly 30% since January and view hours growth has stalled, and as Netflix restructured its leadership by bringing in former Disney executive Peter Rice as chief content officer and dismissing head of film Dan Lin. Wedbush analyst Alicia Reese argues theatrical releases are a net positive for reach and streaming demand, while Citizens analyst Matthew Condon says theatrical can help build stronger IP and attract top talent. Sarandos said the business flywheel is working but U.S. execution needs to improve, and that Netflix needs more 'home runs.'
- Judge orders Meta to pay $25 bn to New Mexico in Cambridge Analytica case
A New Mexico judge ruled that Meta must pay the state $25 billion in the Cambridge Analytica case, after a jury last month found the company had deceived users. The penalty comes a couple of months after Meta agreed to pay $18 billion to settle claims brought by 48 other states. Cambridge Analytica improperly harvested personal data from millions of Facebook users for targeted political advertising, including through a personality quiz app that reached roughly 87 million users worldwide. Jurors found the misconduct affected all of the state's more than 2.1 million residents. Meta said it disagreed with the verdict and would keep defending itself.
- The AI Boom Just Sent a Warning Sign That Has Nothing to Do With Stock Prices
CoreWeave's share price has dropped more than 30% in about two weeks, and its bonds sold off sharply: notes issued earlier this year at a 9.675% yield now yield around 15%, meaning the market is pricing in much more risk. The author asks whether this signals a broader repricing over whether AI companies will earn enough return on their massive infrastructure spending, given CoreWeave's costly data centers and the long path to break-even. As an illustration, refinancing a hypothetical $1 billion loan at 15% instead of its original terms would add roughly $53 million in annual expenses, and the author compares the situation to the fiber-optic telecom build-out about 30 years ago. Credit spreads have widened about 50 basis points over the past month, an early warning rather than real systemic stress. Still, the author would not sell tech stocks or the S&P 500 over CoreWeave alone, and prefers companies financing AI expansion through cash flow rather than heavy debt.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.