Barrick Mining advances North American gold assets IPO, executive appointments

Barrick Mining (B) announced several executive appointments and provided an update regarding the planned IPO of a minority stake of a new company that will hold its North American Gold Assets. An executive leadership team dedicated exclusively to North American Barrick has been appointed. They have been working together for many months. The team consists of Barrick veterans with expertise in operations, exploration, and development. The team is comprised of: Tim Cribb, COO; Wessel Hamman, CFO; Joe Heckendorn, Chief Legal Officer & Corporate Secretary; Megan Tibbals, Chief Technical Officer; Richard Barley, Chief HR Officer; Javier Ortuzar, VP – Exploration; Amanda Steensen, VP – Sustainability. The portfolio of four Tier One gold assets is located in mining jurisdictions in North America: Carlin, Cortez, and Turquoise Ridge in the Nevada Gold Mines complex, 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. North American Barrick will also include Barrick’s wholly-owned Fourmile gold project, located adjacent to NGM. It is anticipated that Fourmile will eventually be contributed to the NGM joint venture, in accordance with the NGM Joint Venture Agreement. North American Barrick is expected to have its primary listing in New York, with a secondary listing in Toronto, subject to customary SEC registration and Canadian prospectus qualification processes. Barrick is on track to complete the IPO by the end of 2026, subject to market and other conditions and necessary approvals. The anticipated IPO will abide by all applicable commitments in Barrick’s Joint Venture Agreements.