Loading ...Q4 gold production 5% higher than Q3 at 871,000 ounces1, 2025 gold and copper production in line with guidance
Record quarterly cash flow with operating cash flow of $2.73 billion and free cash flow2 of $1.62 billion—up 13% and 9%, respectively, over Q3
Highest ever quarterly net earnings per share of $1.43 and adjusted net earnings per share2 of $1.04—up 88% and 79%, respectively, on Q3
New dividend policy targets total payout of 50% of attributable free cash flow, including 40% increase in quarterly base dividend to $0.175 per share, plus performance year end top-up
$0.42 per share quarterly dividend declared—a 140% increase over the third quarter
Repurchased $1.50 billion of shares in 2025, representing about 3.0% of Barrick’s issued and outstanding shares, including $500 million in Q4
Doubled gold resource at Fourmile project in Nevada with further increases expected in 20263
2026 production guidance: 2.90–3.25 million ounces1 of gold and 190,000–220,000 tonnes1 of copper
Following rigorous analysis, the Board has decided to move forward with preparations for an initial public offering (“IPO”) of Barrick’s North American gold assets in order to maximize shareholder value
https://ceo.ca/@GlobeNewswire/barrick-reports-full-year-and-fourth-quarter-2025-results