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Barrick CEO: Gold Miners Unfazed as U.S. Mulls Tariffs on Bullion Bars

Uncertainty looms over the gold market as Washington considers tariffs on imported gold bullion bars, a move that has already rattled prices and disrupted global trade. Barrick Mining CEO Mark Bristow says the industry awaits official clarification, but downplays potential negative effects, noting miners could benefit if prices rise. Barrick’s Q2 earnings exceeded forecasts, supported by higher gold prices, even as production fell due to halted Mali operations amid a dispute with the military government. The company has no plans to sell its Loulo-Gounkoto mine despite losing control and incurring a $1.03 billion write-down.

Original Source: Yahoo Finance

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