Corporate ActionApr 28, 2026, 06:02 AM
B Announces North American Barrick IPO Plan, New Management Team
AI Summary
Barrick Mining Corporation announced plans for an initial public offering (IPO) of a minority stake in North American Barrick, a new company holding its North American gold assets. A dedicated and experienced management team has been appointed for North American Barrick, which will include Barrick's interests in Nevada Gold Mines, Pueblo Viejo, and the Fourmile project. These assets produced approximately 2.0Moz of attributable gold in 2025, with Barrick maintaining a significant controlling interest. The IPO is targeted for completion by the end of 2026, with primary listing in New York and secondary in Toronto, aiming to accelerate momentum and highlight the attractiveness of these assets.
Key Highlights
- BARRICK MINING CORP plans an IPO of a minority stake in North American Barrick, its North American gold assets.
- A dedicated and experienced management team has been appointed exclusively for North American Barrick.
- North American Barrick will include Barrick's stakes in Nevada Gold Mines, Pueblo Viejo, and the Fourmile project.
- North American Barrick's gold assets produced approximately 2.0Moz attributable gold in 2025.
- Barrick will maintain a significant controlling interest in North American Barrick post-IPO.
- The IPO is targeted for completion by the end of 2026, subject to market conditions and approvals.
- North American Barrick is expected to have a primary listing in New York and a secondary in Toronto.