Loading ...Barrick Seeks to Spin-Off US Operations, Hits 13 Year Highs on News
GFN – NEW YORK: Barrick Mining is exploring an IPO of its North American gold assets, a move that could value the unit near $60 billion as the company restructures following operational setbacks and management turnover.
Barrick is exploring an IPO of its North American gold assets, potentially valuing the unit near $60–62 billion while retaining majority control.
Shares hit a 13-year high as the move follows activist pressure, management changes, and a broader restructuring push.
The strategy separates high-quality Nevada assets from higher-risk global operations, with analysts noting possible M&A interest from Newmont.
https://www.zerohedge.com/news/2025-12-02/barrick-seeks-spin-us-operations-hits-13-year-highs-news