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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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.