Barrick Mining Corporation, one of the world’s largest gold and copper companies, confirmed progress in the creation of a new independent company which will group its gold assets in North America, to sell a portion of its shares on the stock exchange. This operation seeks to highlight the value of its North American assets and attract capital without losing control, since the company will maintain a majority stake (IPO u initial public offering).
In addition, the company expects the initial public offering to be completed by the end of 2026, with a primary listing in New York and a secondary listing in Toronto, subject to market conditions and regulatory approvals.
What assets will North American Barrick include?
This will bring together some of the most important assets in the company’s portfolio:
- Nevada Gold Mines (USA)A huge mining complex that includes Carlin, Cortez, and Turquoise Ridge.
- Pueblo Viejo (Dominican Republic).
- Fourmile: A high-grade gold project that the company considers one of the most important discoveries of the century.
In 2025, these assets produced 2 million ounces of gold attributable to the company.
New dedicated leadership in North America
The company appointed a dedicated executive team to manage these assets, comprised of managers with extensive experience in operations, finance, and exploration within the company itself:
- Tim Cribb (Operations)
- Wessel Hamman (Finance)
- Joe Heckendorn (Legal)
- And other technical managers, from HR, sustainability and exploration.
They will all report directly to CEO Mark Hill.
Collaboration with Newmont and a long-term vision
In parallel, the company is coordinating this operation with its partner Newmont, because Nevada Gold Mines is a joint venture between the two. Barrick says it can do it unilaterally, but prefers to work together to maximize value.
In this way, the company seeks to maximize shareholder value through a combination of operational discipline, sustained growth, and strategic alliances. The IPO is expected for end of 2026 and will be listed primarily on New York and secondarily in Toronto.
Fountain:Barrick Mining Corporation