Barrick Mining Corporation (NYSE:B) reported third-quarter results, posting a 4% increase in gold production quarter-over-quarter and record operating and free cash flow. The company produced 829,000 ounces of gold and 55,000 tons of copper. Quarterly revenue came in at $4.15 billion, rising 23% year over year and roughly in line with the $4.16 billion consensus.
“Higher gold production combined with lower costs and strong commodity prices drove record cash flow for Barrick in Q3,” said Mark Hill, Group Chief Operating Officer and Interim President and Chief Executive Officer.
