Barrick Mining Reports Q2 Earnings Growth Amid $1B Loss in Mali

Reported about 7 hours ago

Barrick Mining exceeded Wall Street expectations in its second quarter with earnings of 47 cents per share and revenue of $3.68 billion. However, the company faced a significant setback with a $1.04 billion loss in its Mali operations following the military's seizure of its gold complex. This loss was somewhat mitigated by selling its 50% stake in an Alaskan gold project, but Barrick's shares still fell nearly 3% following the news.

Source: YAHOO

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