Barrick engages in the responsible production and sale of gold and copper, as well as related activities such as exploration and mine development. The company operates mines across North America, South America, Africa and the Middle East, delivering metals to global markets through a diversified portfolio of assets.

Barrick generates revenue primarily from the sale of gold bullion to the spot market and independent refineries, the sale of gold and copper concentrate to independent smelting and trading companies, and the sale of copper cathode to third party purchasers or on exchanges. By‑product silver recovered during processing also contributes to sales.

The company operates through the following segments:

• Carlin: This segment represents Barrick’s 61.5 percent interest in the Carlin gold mine in Nevada, which includes open pit and underground operations such as Goldstrike and Gold Quarry, and produces gold for sale to refiners and traders.

• Cortez: This segment represents Barrick’s 61.5 percent interest in the Cortez gold mine in Nevada, an open pit and underground operation that supplies ore to processing facilities and contributes to gold output.

• Turquoise Ridge: This segment represents Barrick’s 61.5 percent interest in the Turquoise Ridge gold mine in Nevada, an underground mining operation that extracts gold from deep deposits and processes it on site.

• Pueblo Viejo: This segment represents Barrick’s 60 percent interest in the Pueblo Viejo gold mine in the Dominican Republic, a large scale open pit operation that produces gold and silver for global markets.

• Loulo‑Gounkoto: This segment represents Barrick’s 80 percent interest in the Loulo‑Gounkoto gold mine in Mali, which comprises multiple open pit and underground pits and delivers gold to refineries.

• Kibali: This segment represents Barrick’s 45 percent interest in the Kibali gold mine in the Democratic Republic of Congo, an open pit and underground operation that produces gold and by‑product silver.

• North Mara: This segment represents Barrick’s 84 percent interest in the North Mara gold mine in Tanzania, an open pit mine that extracts gold from lateritic ore and processes it at a nearby plant.

• Bulyanhulu: This segment represents Barrick’s 84 percent interest in the Bulyanhulu gold mine in Tanzania, an underground operation that extracts gold from high grade veins and processes it on site.

• Lumwana: This segment represents Barrick’s interest in the Lumwana copper mine in Zambia, an open pit operation that produces copper concentrate and cathode for sale to smelters and traders.

Barrick holds a leading position among global gold and copper producers, ranking alongside peers such as Newmont, AngloGold Ashanti and Freeport‑McMoRan. Its competitive advantages include a portfolio of tier one assets, low cost operations, geographic diversification and strong technical expertise in mining and processing.

Barrick serves a broad customer base that includes gold refineries, independent smelters, trading companies and third party purchasers of copper cathode. Sales are made through the spot market, long term contracts and commodity exchanges.