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Barrick to pursue IPO of North American gold-mining business
By Leslie Hook
Financial Times, London
Thursday, February 5, 2026
Barrick Mining plans to spin out its North American gold mines and is putting its flagship Reko Diq project under review, as the world's third-largest gold miner pushes ahead with a major restructuring effort.
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The company said today it would move forward with preparation for an initial public offering of its North American business, which is expected to take place by the end of the year.
"Following a rigorous financial and operational analysis by Barrick's management and its advisors, the board has concluded that the IPO of NewCo represents the best path for maximizing value for Barrick's shareholders," the company said in its fourth-quarter report. ...
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https://www.ft.com/content/b04ce034-f074-4cfe-b4d0-6e8b08cd4c2f
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