Barrick Gold Corp. (GOLD, ABX.TO) announced a proposal to change its name to Barrick Mining Corp., reflecting the company's evolving production profile. The company is aiming for a significant 30% production growth in gold equivalent ounces by 2030.
The company said it improved its financial performance, despite higher costs, with an increase in net earnings of 69% the highest in a decade operating cash flow growth of 20%, and a doubling of free cash flow relative to 2023.
The Board also appointed new chairs for its key committees: Isela Costantini for the Compensation Committee; Loreta Silva for the Audit & Risk Committee; and Brian Greenspun for the Environmental, Social, Governance & Nominating Committees.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.