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Smith Wants to Work with B.C., Still Hopes for Buy-in on Lifting Tanker Ban
Barrick plans to sell a minority stake in a new company holding key North American gold assets to boost shareholder value, retaining majority control, the company said.
- On Dec. 1, 2025, Barrick Mining Corp. said it is exploring an IPO of a subsidiary to hold its North American gold assets, with a market update planned in February.
- After a November operational review, the company focused on shareholder value for gold assets in Nevada and the Dominican Republic, while Barrick's board authorized management to explore the IPO through early next year and update the market in February.
- Mark Hill framed the move, saying, `While we explore an IPO of our North American assets that could give new and existing shareholders more optionality`, Barrick considers including Nevada Gold Mines, Pueblo Viejo, and Fourmile gold discovery.
- Barrick said the IPO would explore a listing of North American assets while it retains a controlling majority, and last week, Barrick disputed its Mali dispute over Loulo and Gounkoto.
- After Mark Bristow stepped down in September, Ben van Beurden left the board last week, marking leadership turnover as governance evolves at Barrick.
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Barrick Announces Evaluation of an Initial Public Offering of its North American Gold Assets
Contemplated IPO to highlight the value of North American gold assets by creating a focused publicly traded equity (“NewCo”)Barrick would maintain a significant controlling interest in NewCoCompany will update market on progress at Full Year 2025 Results in February 2026
·Hamilton, Canada
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Coverage Details
Total News Sources26
Leaning Left4Leaning Right2Center5Last UpdatedBias Distribution46% Center
Bias Distribution
- 46% of the sources are Center
46% Center
L 36%
C 46%
R 18%
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