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All amounts expressed in US dollars KINSHASA, Democratic Republic of Congo, July 02, 2025 (GLOBE NEWSWIRE) -- Barrick Mining Corporation (NYSE:B)(TSX:ABX) – Drilling results from the ARK-KCD corridor continue to strengthen confidence in its scale and continuity, demonstrating the potential to host significant additional orebodies and further extend the life of mine at Kibali, Africa's biggest and greenest gold mine. Speaking at a media briefing in Kinshasa today, Barrick president and chief executive Mark Bristow said the work on the ARK-KCD system is revealing a coherent geological structure — with mineralization expanding laterally and down plunge — that could significantly grow Kibali's reserve base within the existing footprint.
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Gold mining stocks have experienced stellar price action over the past year, mainly due to investors being increasingly interested in alternative assets due to, in many cases, their inherent status as safe-haven assets.
B's gold and copper projects, including Goldrush and Reko Diq, aim to reshape its output and boost cash flow.
Barrick Mining Corporation B and Agnico Eagle Mines Limited AEM are two leading players in the gold mining space with global operations and diversified portfolios. While gold prices have fallen from their April 2025 peak, they remain favorable, aided by geopolitical tensions, and are currently hovering close to the $3,400 per ounce level.
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B posts a 12-fold surge in free cash flow in Q1, boosting its growth firepower amid strong gold and copper price tailwinds.
TORONTO, June 16, 2025 (GLOBE NEWSWIRE) -- Barrick Mining Corporation (NYSE:B)(TSX:ABX) confirms that the International Centre for Settlement of Investment Disputes (ICSID) arbitration process — initiated under the binding Mining Conventions between Barrick subsidiaries and the State of Mali — is fully underway. The arbitration tribunal has been constituted, and Barrick has submitted a request for provisional measures to prevent further escalation and to safeguard its rights under binding Mining Conventions with the State of Mali.
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