Gold Slump Is Masking a $20 Billion Miner Cash Pile
Gold hits $4,075 as inflation rises, but experts predict new records within 18 months driven by central banks and family offices.
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Barrick Mining's North American Business Taps Avathon's Autonomy Platform As Technology Partner For Business Transformation
Avathon, a leading provider of Physical AI for industrial operations, today announced that Barrick's North American business has selected Avathon's Autonomy Platform as a strategic technology partner to
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Shares of precious metals-related companies are trading lower after stronger-than-expected inflation data boosted expectations for a Federal Reserve rate hike in October. Gold and silver prices are declining amid a stronger U.S. dollar and rising Treasury yields, which make non-yielding precious metals less attractive to investors.
Barrick to Report Third Quarter 2026 Results on November 9
Barrick Mining Corporation will release its third quarter 2026 results on November 9, 2026, before market open at 6:00 a.m. ET, followed by a live webcast and presentation at 11:00 a.m. ET with a Q&A session for analysts. The company also announced completion of environmental monitoring exercises at its Pueblo Viejo mine and renewal of mining licenses in Tanzania for 15 years.
Shares of precious metal-related companies are trading lower as gold prices decline while investors await the Federal Reserve's September meeting minutes. The commodity is also facing pressure from rising yields and a stronger dollar.