Barrick Mining (ABX.TO) is trading at CA$55.73, down -8.58%, after reporting second-quarter results today. The company missed profit estimates, primarily due to rising production costs and retrospective tax penalties in Mali, despite gold production exceeding targets. In a separate significant development, Barrick announced a $1.95 billion settlement with Newmont, resolving disputes over Nevada Gold Mines and securing Newmont's crucial consent for Barrick's planned North American gold IPO, which had previously faced investor opposition.