Barrick has built up stockpiles of mining inputs such as explosives to help counter inflation and supply-chain snarls.

There are "very active discussions with a number of players" to develop an EV supply chain, Industry Minister Francois-Philippe Champagne said in an interview.

The alleged abuses attributed to all companies range from attacks on activists to violations of environmental laws to forced relocations.

The Gibson Island project is one of many tentative deals unveiled by the company as it strives to become a major green energy supplier.

Fertilizer prices have soared to all-time highs as Russia’s invasion of Ukraine and sanctions on Belarus threw a massive chunk of the world’s supply into disarray.

The company's gold production in the quarter fell 10.1% to 990,000 ounces from a year earlier, hurt by lower output at its Nevada gold mines.

The 54-day disruption, combined with lower quality ore at other mines, dragged down the company’s copper production by 10%.

The Phase 3 expansion in the DRC will increase its annual copper production to about 600,000 tonnes by the fourth quarter of 2024 and make it the world's third-largest copper mining complex.