- Barrick’s profits surged on stronger gold and copper production.
- African mines emerge as strategic pillars in global commodity supply chains.
JOHANNESBURG, SOUTH AFRICA — Barrick Mining’s strong first-quarter earnings have reinforced Africa’s growing importance in global mineral supply chains, even as geopolitical and regulatory risks continue shadowing the continent’s resource boom.
The mining giant reported net earnings of $1.6bn for the first quarter of 2026, up 256% year-on-year, supported by robust gold and copper production, rising commodity prices, and improved operational efficiency across key assets, particularly in Africa.
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