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Barrick Mining's Turnaround Remains on Track
ByAinvest
Monday, Aug 25, 2025 11:16 am ET1min read
Barrick Mining's turnaround thesis remains intact as the company has reported a 40% increase in gold production and a 50% increase in gold sales in Q1 2023 compared to Q1 2022. Barrick's AISC has also decreased by 17% and the company has achieved its gold production guidance for the quarter. The strong performance is attributed to the successful integration of Acacia Mining and the ramp-up of the Buzwagi and Bulyanhulu mines.
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