Barrick and Newmont resolve Nevada dispute with $1.95bn agreement

Barrick Mining Stock Is Falling Monday: What's Going On? - Barrick Mining (NYSE:B)

Barrick beat Q2 (EPS 82¢ vs 78¢, revenue $5.29B vs $4.53B, earnings +50%) with shareholder returns up 242% YoY, but stock fell 7.33% on profit-taking. Planned IPO of North American assets year-end, reduced capex to $3.8–4.2B, and rising fuel costs signal caution despite $1.95B Newmont Nevada expansion deal.