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2025 Mineral Reserves & Resources

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2025 Reserves & Resources

Solid foundation for future growth

As of December 31, 2025, Barrick’s proven and probable gold mineral reserves were 85 million ounces at an average grade of 0.98 g/t.

Mineral Reserves & Resources
As at December 31, 2025 (unless otherwise noted)

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64% increase in proven and probable gold equivalent ounces since year-end 2022

Waterfall chart showing Barrick’s P&P GEOs increasing 64% from 104 million ounces in 2022 to 171 million ounces in 2025. Additions contribute 87 million ounces, partially offset by 2 million ounces from divestments and 17 million ounces from depletion.
Two pie charts showing Barrick’s gold and copper resources by region and classification. Gold resources include 85 million ounces proven and probable, 150 million ounces measured and indicated, and 43 million ounces inferred. Gold is distributed 47% in North America, 22% in Africa and the Middle East, and 31% in South America and Asia Pacific. Copper resources include 18 million tonnes proven and probable, 24 million tonnes measured and indicated, and 4.2 million tonnes inferred. Copper is distributed 47% in Africa and the Middle East and 52% in South America and Asia Pacific.