Barrick posts strong Q1, boosts returns amid gold rally
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Barrick Gold Corporation reported strong Q1 results, with adjusted earnings significantly increasing year-over-year, revenue exceeding forecasts, and free cash flow rising by 195%. The board declared a $0.175 dividend and approved a $3 billion buyback, maintaining its dividend framework. Additionally, ongoing projects such as the Lumwana copper expansion and Fourmile gold are progressing well, while the IPO for North American assets is planned for late 2026.
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