Barrick reports strong Q1 2026 results, beats gold production guidance
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Barrick Reports First Quarter 2026 Results
May 11, 2026 6:00 AM EDTDisciplined execution drives strong operational and financial performance
Q1 gold production of 719,000 ounces1 beats guidance of 640,000680,000 ounces1, driven by strong performances at NGM and Veladero, and the ramp-up at Loulo-Gounkoto; copper production of 49,000 tonnes1 in line with plan.Gold costs per ounce were better than plan, driven by efficiencies in mining and processing: gold COS2 of $1,922 per ounce, TCC3 of $1,327 per ounce, and AISC3 of $1,708 per ounce.
Operating cash flow of $2.55 billion increased 111% year-on-year, attributable operating cash flow of $1.97 billion increased 89%... More
