Barrick Mulls North America Gold IPO After Mining Setbacks

Barrick Mining Corp. is exploring an initial public offering of its prized North American gold assets that may be worth over $60 billion as the company grapples with mining setbacks and a management shakeup. Shares hit a 13-year high.

The company’s board authorized management to explore the sale of a minority stake in a unit that would be anchored by Barrick’s joint-venture interests in Nevada and a large mine in the Dominican Republic, it said in a statement Monday. Management will explore the move through early 2026 and update the market on progress in February.