Here are three stocks in gold mining that show promise

The Gold Miners Screened ETF's product specialist, Harry Halewood, chooses three gold mining stocks to increase your exposure to the yellow metal

As this year progressed, the price of gold started to level off after a significant surge in strength. The market had to free up cash to cover rising costs and protect itself from future uncertainty due to the abrupt increase in the price of crude oil and related products. Because gold is a highly tradable asset, it was widely sold.

However, those looking to increase their exposure to gold may find an opportunity as the market steadies. Bets on gold can be leveraged thanks to gold miners. As gold miners invest in growing their network of mines, new potential revenue streams emerge. Their profits are derived from the difference between the price of gold and the cost of extracting gold. Copper and other valuable byproducts of gold mining can act as a hedge against drops in gold prices.

Your portfolio should include three gold mining stocks.

Gold and copper are produced by Barrick Mining Corp. (NYSE: B). It operates in the Middle East, Africa, and South and North America. Up until 2019, Barrick was the biggest gold mining company in the world. Its production projections for 2026 include 2.9 million to 3.25 million ounces of gold and 190,000 to 220,000 tonnes of copper.

Barrick has been a prime example of the industry's successful transition to a greater emphasis on shareholder value. Strong cash flow generation policies and a target dividend payout of 50% of free cash flows are in place at the company. In order to increase shareholder value, the company is proceeding with plans to publicly list its North American gold assets and authorized a £3 billion share repurchase in May.

Canadian mining firm B2Gold (NYSE American: BTG) has operations in Namibia, Mali, and the Philippines. It produced slightly less than 240,000 ounces in the first quarter of 2026 and is exclusively focused on gold mining. Because of its lower output, B2 is unable to take advantage of the scale efficiencies of larger mining companies, which raises its extraction costs and, consequently, its firm value's leverage in relation to gold prices.

B2's all-in sustaining cost (AISC), a crucial industry metric, came in lower than anticipated in the first quarter despite this higher cost base. This is especially advantageous given the current climate of rising fuel prices. Furthermore, B2 is well-positioned to handle any future market shocks or uncertainty thanks to its solid financial and liquidity position. B2's shareholders demonstrated a strong commitment to using this strength to achieve growth and manage risk during the company's June AGM.

The gold-mining and exploration firm OceanaGold Corporation (Toronto: OGC) has operations in both Canada and Australia. The company reported excellent operational performance for the first quarter of 2026, despite costs exceeding projections. With a notable year-over-year increase, it reported record quarterly revenue and profits. Additionally, free cash flow increased by 271 percent over the prior year.

In spite of all of this, the stock price fell by almost 4% during that time. The observed price weakness combined with the strong technical performance points to a possible buying opportunity. As production increases and access to high-grade ore improves, the company anticipates a drop in extraction costs. Its South Carolina mine project, Haile, is anticipated to increase gold production by 35% while cutting expenses by roughly 25%.