Is Barrick Mining's Slumping Gold Output a Red Flag Amid Rising Costs?
Key Takeaways Barrick's Q1 gold production dropped 19% year over year to 758,000 ounces, its weakest in recent years. The Loulo-Gounkoto suspension and lower Carlin and Cortez output drove the production setback. B expects 2025 gold output of 3.15-3.5M oz, down from 2024's 3.91M, excluding potential mine restarts.Barrick Mining Corporation (B) saw a significant decline in gold production in first-quarter 2025 amid operational challenges, delivering 758,000 ounces — a 19% drop from the year-ago quarter and ...