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Barrick Plunges 6% as Mining Cost Inflation Eclipses Newmont IPO Deal

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Barrick Mining shares dropped over 6% despite resolving disputes with Newmont and securing a $1.95 billion payment for its North American IPO.
  • Investors focused on an 11% surge in all-in sustaining costs and falling attributable quarterly free cash flow despite higher realized gold prices.
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XAUUSD price history

4332.10 -5.59% over the displayed period

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