Barrick Mining Q3 revenue misses estimates at $5.07 billion

Barrick Mining reported third-quarter revenue of $5.07 billion, below the market consensus of $5.3 billion. Gold production in the third quarter totaled 816,000 ounces, while copper production came to 50,000 tons. The company maintained its full-year production guidance. Third-quarter cost of sales for gold was $1,950 per ounce, up from $1,562 a year earlier. The average realized gold selling price was $4,243 per ounce, up 23% from a year earlier.