Search
Sign in
North Africa
Central Africa
East Africa
West Africa
Southern Africa

Barrick’s Africa gold output slumps 43% despite record prices

Underground gold mine. Photo by April Vasquez @ Unsplash
Underground gold mine. Photo by April Vasquez @ Unsplash

Eric Kasongo

Eric Kasongo is a journalist and strategic researcher focused on the political economy of South Africa and DRC, with specialized expertise in mining, energy, and financial markets
  • Africa gold output drops 43% in 2025
  • Revenue resilient despite rising costs

 

Barrick Mining Corporation’s African operations saw gold production plunge 43% in 2025, underscoring mounting cost pressures and operational risks despite record global prices.

The company’s Africa and Middle East division recorded output of 840,000 ounces in 2025, down from 1.47 million ounces in 2024. Fourth-quarter production fell to 204,000 ounces from 409,000 ounces a year earlier.

Sign Up To Our Free Newsletter

Recent Business

Allen Dreyfus
Ethiopian Airlines revenue hits $4.4bn as US travel restrictions test Africa’s largest carrier
11/02/2026
3 minutes ago
Michael Masrie
Read More »
Underground gold mine. Photo by April Vasquez @ Unsplash
Barrick’s Africa gold output slumps 43% despite record prices
11/02/2026
1 hour ago
Eric Kasongo
Read More »
Gas pipeline. Photo by Leo Sokolovsky @ Unsplash
Senegal–Mauritania offshore gas project set to nearly double LNG output
10/02/2026
18 hours ago
Alhousseiny Djigo
Read More »
Custom Research

Recent Politics

Herdsmen in Ethiopia. Photo by Hanna Grace @ Unsplash
Ethiopia accuses Eritrea of territorial occupation, demands troop withdrawal
09/02/2026
1 day ago
Michael Masrie
Read More »
Kenya youth protest @ Unsplash
Kenya church attack on ex–deputy president exposes security rifts
04/02/2026
6 days ago
Wanderi Kamau
Read More »
Ghana ex-vice president Mahamudu Bawumia to lead opposition NPP in 2028 polls. Photo: Bawumia/Facebook page
Ghana opposition NPP re-elects Bawumia as flagbearer ahead of 2028 polls
31/01/2026
1 week ago
Kent Mensah
Read More »

Latest Posts

Latest news insights

Allen Dreyfus
Read More »
Ethiopian Airlines revenue hits $4.4bn as US travel restrictions test Africa’s largest carrier
Underground gold mine. Photo by April Vasquez @ Unsplash
Read More »
Barrick’s Africa gold output slumps 43% despite record prices
Gas pipeline. Photo by Leo Sokolovsky @ Unsplash
Read More »
Senegal–Mauritania offshore gas project set to nearly double LNG output
Addis Ababa, Ethiopia. Photo by Daniel Emale @ Unsplash
Read More »
Ethiopia central bank clarifies import pricing rules to calm FX market jitters
Underground gold mine. Photo by April Vasquez @ Unsplash
Read More »
Barrick’s Africa gold output slumps 43% despite record prices
Gas pipeline. Photo by Leo Sokolovsky @ Unsplash
Read More »
Senegal–Mauritania offshore gas project set to nearly double LNG output
Addis Ababa, Ethiopia. Photo by Daniel Emale @ Unsplash
Read More »
Ethiopia central bank clarifies import pricing rules to calm FX market jitters
Import and export trade common in Africa. Photo by Kurt Cotoaga @ Unsplash
Read More »
Namibia trade deficit narrows sharply as imports plunge, exports rise
Gas pipeline. Photo by Leo Sokolovsky @ Unsplash
Read More »
Senegal–Mauritania offshore gas project set to nearly double LNG output
Addis Ababa, Ethiopia. Photo by Daniel Emale @ Unsplash
Read More »
Ethiopia central bank clarifies import pricing rules to calm FX market jitters
Import and export trade common in Africa. Photo by Kurt Cotoaga @ Unsplash
Read More »
Namibia trade deficit narrows sharply as imports plunge, exports rise
Food items on sale. Photo by Viki Mohamad @ Unsplash
Read More »
Tunisia inflation eases to nine-year low as food and services pressures cool