North American Barrick to include Barrick's stakes and operatorship of Nevada Gold Mines and Pueblo Viejo, as well as the Fourmile project
North American Barrick's gold assets had approximately ~2.0Moz attrib. gold production in 2025, with opportunity for significant growth
Barrick will maintain a significant controlling interest in North American Barrick
IPO targeted for completion by end of 2026
TORONTO, April 28, 2026 (GLOBE NEWSWIRE) -- Barrick Mining Corporation (NYSE:B) (TSX:ABX) ("Barrick" or the "Company") today announced several executive appointments and provided an update regarding the planned initial public offering (the "IPO") of a minority stake of a new company that will hold its North American Gold Assets ("North American Barrick").
Advantages of North American Barrick will include:
Dedicated and Experienced Management Team: An executive leadership team dedicated exclusively to North American Barrick has been appointed. They have been working successfully together for many months. The team consists of experienced and proven Barrick veterans with deep expertise in operations, exploration, and development. The team reports to Mark Hill, Barrick President and CEO, and is comprised of:
Tim Cribb, Chief Operating Officer
Wessel Hamman, Chief Financial Officer
Joe Heckendorn, Chief Legal Officer & Corporate Secretary
Megan Tibbals, Chief Technical Officer
Richard Barley, Chief HR Officer
Javier Ortuzar, Vice President, Exploration
Amanda Steensen, Vice President, Sustainability
Mark Hill said: "With our renewed focus and discipline, Barrick has been delivering extremely positive results in North America. The IPO is expected to accelerate this momentum by giving North American Barrick its own dedicated management team and highlighting the attractiveness of these gold assets in one of the premier gold districts in the world."
Tier One North America-Focused Portfolio: Portfolio of four Tier One gold assets located in premier mining jurisdictions in North America: Carlin, Cortez, and Turquoise Ridge in the Nevada Gold Mines complex ("NGM"), and the Pueblo Viejo mine in the Dominican Republic. North American Barrick's assets produced approximately 2.0Moz of gold production in 2025 attributable to Barrick's interests.
Growth Profile Driven by Fourmile: North American Barrick will also include Barrick's wholly-owned Fourmile gold project, located adjacent to NGM. Barrick believes Fourmile is one of the most significant gold discoveries of this century and will be a significant ...
