TORONTO - Barrick Mining Corp. says it is on track to complete its initial public offering of a minority stake in a new company that will hold its North American gold assets by the end of the year.
The company says, subject to market and other conditions and necessary approvals, it expects the company will have a primary stock market listing in New York and a secondary listing in Toronto.
Barrick offered the update as it appointed the executive team that will be dedicated exclusively to the new company including chief operating officer Tim Cribb and chief financial officer Wessel Hamman.
The executives will report to Barrick chief executive Mark Hill.
North American Barrick is expected to include Barrick’s stakes and operatorship of Nevada Gold Mines and Pueblo Viejo, as well as the Fourmile project.
Barrick has said it believes that an IPO is the best path for maximizing value for shareholders and that it plans to retain a significant controlling interest in the new company.
This report by The Canadian Press was first published April 28, 2026.
Companies in this story: (TSX:ABX)
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