Barrick Mining (B): A $4B Spin-Out Meets Retroactive Taxes [Q2 2026]

Barrick Mining's Q2 2026 results reveal a massive $4 billion Nevada spin-out plan masking a messy reality of retroactive taxes and global weather disruptions.In ~10 minutes:• The $4B Newmont divorce that secures a North American IPO• CEO Mark Hill's unexpected departure to lead the new spin-out• How a $248M retroactive tax bill in Mali crushed free cash flow• Flooded Andean mines and the delayed mega-project in Reko DiqWhile robust underground production in Nevada drove revenue up 44% year-over-year, Barrick's international operations faced brutal geopolitical headwinds. Between navigating a sudden management vacuum at the parent company and pricing out a potential $2.5 billion processing facility 🏗️, the street has highly complex capital models to untangle before the planned separation.Barrick Mining Corporation (B) | Q2 FY2026AI-assisted production. Feedback/ticker requests: https://x.com/EarnUnscripted.