BENJAMIN JEFFREY D sold $2.9M of GOLD (indirect holdings)

Barrick Mining (NYSE:B) reported a 50% rise in Q2 net earnings to $1.22B, driven by higher gold and copper prices, but free cash flow fell to $141M from $212M a year earlier. The company returned $1.5B to shareholders, exceeding its cash generation. Revenue grew 6.1% annually over five years, with gold prices significantly impacting earnings. Barrick plans a North American IPO of its gold assets by year-end, subject to market conditions.

Tether Global Investments Fund, S.I.C.A.F., S.A. purchased 67,882 indirectly-held shares of Gold.com, Inc. (GOLD) at an average of $39.81 ($39.63–$39.92, $2.70M total) across 2 trades over 2026-10-13 to 2026-10-14. Filed jointly with TPM, S.A. de C.V. (10% owner) and Devasini Giancarlo (10% owner).

Tether Global Investments Fund, S.I.C.A.F., S.A. purchased 32,118 indirectly-held shares of Gold.com, Inc. (GOLD) at an average of $39.87 ($39.87–$39.96, $1.28M total) across 2 trades over 2026-10-07 to 2026-10-12. Filed jointly with TPM, S.A. de C.V. (10% owner) and Devasini Giancarlo (10% owner).

UBS highlights preferred gold mining stocks amid sector volatility. Gold prices peaked at $5,400/oz in early 2026, correcting to $4,170/oz by September. UBS expects cost pressures in 2027 but sees attractive margins if prices stay above $4,000/oz. Top picks include Newmont, Barrick, Endeavour, SSR Mining, Skeena Resources, and Franco-Nevada, citing operational improvements and strategic developments.

Gold.com converted its credit facility to a $250M uncommitted revolver with CIBC Bank USA, reducing it from $427.5M. The agreement removes caps on dividends, share buybacks, and acquisitions, and increases inventory and counterparty limits. The company aims to enhance liquidity and operational flexibility, according to the filing.

Barrick Gold's CEO, Mark Hill, stated the company's North American IPO may be delayed to January 2027 due to outstanding formalities, though they aim to complete it by year-end. Hill also mentioned the need for improved security at the Reko Diq mine project in Pakistan before full construction can begin. The company remains on track to meet its results guidance.