$GOLD

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, a 10% owner of Gold.com (NASDAQ:GOLD), bought $1.28 million in common stock at $39.35 per share, representing less than 1% of the company's $1.16 billion market cap. The fund now indirectly holds 3,702,905 shares. InvestingPro identifies Gold.com as undervalued. Separately, Barrick Gold (NYSE:GOLD) reported Q4 2026 sales of $5.005 billion, up 99% YoY but below estimates, and adjusted its price target to $65.

Insiders traded shares in five companies: Toby Neugebauer sold $14.3M in Fermi (FRMI) shares, Keith D. Larson sold $10.1M in Venture Global (VG), Carso De-C Inmobiliaria sold $158.7M in Talos Energy (TALO), Tether Holdings bought $3.98M in Gold.com (GOLD), and Christian Oberbeck bought $445.8K in Saratoga (SAR).

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).

The 73km Bulyanhulu road, funded by Barrick (NYSE:GOLD) and the Tanzanian government, is 89% complete and expected to finish in December. The road connects Kahama to Barrick's Bulyanhulu gold mine, aiming to improve transport and support local businesses. Barrick owns 84% of the mine, with the government holding 16%.

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's subsidiary, Spectrum Wine, acquired Wine Cellar Club, expanding its wine storage capacity to 1.5 million bottles. The deal makes Spectrum Wine one of the largest U.S. operators of wine-storage facilities, according to the company.

Canadian mining stocks fell sharply as silver and gold prices dropped over 5% and 3%, respectively. Barrick Gold, Wheaton Precious Metals, and others declined 2-4%, with First Quantum Minerals falling the most. The selloff was driven by commodity-market volatility and concerns over inflation and interest rates, impacting both producers and streaming/royalty companies.

1911 Gold reported high-grade gold intersections in its True North underground resource expansion drilling. Key results include up to 32.90 g/t Au over 0.50 m in the 710-711 zone and 21.20 g/t Au over 0.60 m in the 007 zone. The company plans to update its mineral resource estimate by Q4 2026, incorporating these findings. CEO Shaun Heinrichs highlighted the potential to add new resources to the True North Gold Project.