Canadian-headquartered global miner Barrick Mining has confirmed its contemplation of an initial public offering (IPO) for its North American gold assets via a yet-unnamed subsidiary. Full story.
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Barrick eyeing company split: Reuters
The board of directors for Barrick Mining has raised the possibility of splitting the company into two separate entities, one focused on North America and the other on Africa and Asia, according to Reuters sources. A split could also include the outright sale of Barrick’s African assets as well as of the Reko Diq mine in Pakistan, once it has…
Read MoreBarrick Alliance terminated: Japan Gold
Japan Gold said it and Barrick Mining have mutually agreed to end their strategic alliance agreement, effective October 31, 2025. The alliance was established in 2020 with the aim of jointly exploring, developing and mining certain gold mineral properties and projects in Japan, which have the potential to host Tier 1 or Tier 2 gold deposits. “Barrick’s involvement with Japan…
Read MoreBarrick sells Hemlo gold mine in Canada
Barrick Mining has reached an agreement to sell its Hemlo gold mine to Carcetti Capital Corp. for up to $1.09 billion. Upon closing, Carcetti will be renamed to Hemlo Mining Corp. Full story.
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