Shares of gold mining giant Barrick Mining Corp. rose 1.4% to C$59.16 after the company announced it is exploring an initial public offering (IPO) for its North American gold assets.

Proposed New Company ("NewCo"):
The potential new entity would be anchored by:

• Barrick’s joint venture interests in Nevada Gold Mines and Pueblo Viejo.
• Its wholly owned Fourmile gold discovery in Nevada.

Ownership Structure:
Barrick stated it would pursue an IPO of a small minority interest in NewCo while retaining a significant controlling majority stake.

Year-to-Date Performance:
Including today’s gain, Barrick’s shares have surged 164.38% year-to-date in 2025.