Barrick Mining advances IPO of North American Barrick; shares fall

Barrick Mining

28/04/2026 11:16

** U.S.-listed shares of gold miner Barrick Mining ABX.TO, B.N falls 1.5% to $40 premarket

** Co advances planned IPO of North American Barrick

** Wessel Hamman will serve as the CFO of the new company

** North American Barrick to include Barrick's stakes and operatorship of Nevada Gold Mines and Pueblo Viejo, as well as the Fourmile project

** IPO targeted for completion by end of 2026

** Spot gold was down 1.4% to $4,614.71/ounce, following a rise in oil prices after stalled U.S.–Iran talks

** As of last close, B down 6.6% YTD

 (Reporting by Dharna Bafna in Bengaluru)

 ((dharna.bafna@thomsonreuters.com))