Barrick Mining rebrands, posts strong Q4 growth, and targets 50% free cash flow for dividends and buybacks.

Barrick Mining Corporation rebranded in 2025 to reflect its dual focus on gold and copper, with key assets ramping up production. The company reported a 45% year-over-year revenue increase and 126% growth in earnings per share in Q4, alongside a 40% dividend hike. Management now aims to return 50% of annual free cash flow to shareholders through dividends and buybacks, supported by strong cash flow from its Loulo-Gounkoto complex. Strategic investments in copper projects position Barrick to benefit from a copper market deficit expected through 2028, with stock valued at $50–$58 per share, indicating potential upside.