Barrick Mining reported second-quarter adjusted earnings of 47 cents per share, topping the 45-cent consensus, as a record gold rally lifted its average realized price to about $3,295 an ounce. Output fell to 797,000 ounces from 948,000 a year earlier, and the company reaffirmed its 2025 production target of 3.15 million to 3.50 million ounces. The miner booked a $1 billion net charge linked to the court-ordered state takeover of its Loulo-Gounkoto complex in Mali, where exports were blocked and operations disrupted earlier this year. The writedown pushed the company into a net loss and sent the shares down roughly 4 percent in early trading. Separately, Barrick said a former chief executive of Shell has joined its board, a move analysts said could strengthen the leadership bench as the company navigates political and operational risks in Africa.