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Barrick Advances North American Gold IPO with NY Listing, Eyes End-2026 Completion

Barrick Mining provided an update on its IPO of a minority stake in North American Barrick, holding key assets like Carlin, Cortez, Turquoise Ridge, and Pueblo Viejo that produced about 2 million ounces attributable to Barrick in 2025, targeting completion by end-2026 with a primary New York listing and secondary Toronto listing. Earlier announcements named executives including CEO Mark Hill, CFO Wessel Hamman, and COO Tim Cribb, formalizing the spinoff of Nevada Gold Mines assets and the Fourmile project. Barrick retains controlling interest, aiming to unlock value and support positive gold market sentiment, though shares dipped 1.02% intraday to 40.67.

Category

Gold

Sentiment

Neutral

Event

Corporate action

Reading time

1 min