Barrick Mining Sets End-2026 IPO for Four North American Gold Assets
Barrick Mining plans to sell a minority stake in North American Barrick—holding Carlin, Cortez, Turquoise Ridge and Pueblo Viejo assets that produced two million ounces in 2025—via IPO by end-2026. The deal targets a New York primary listing and Toronto secondary listing, pending SEC registration, prospectus qualification and partner consent.
1. IPO Timeline
Barrick Mining announced progress on the planned IPO of a minority stake in North American Barrick, aiming to complete the offering by end of 2026. The company retains flexibility to proceed independently while coordinating with its joint venture partner.
2. Asset Portfolio
North American Barrick comprises four principal gold assets: Carlin, Cortez and Turquoise Ridge within the Nevada Gold Mines complex, and the Pueblo Viejo mine in the Dominican Republic. These operations delivered around two million ounces of production in 2025, supported by the Fourmile project slated for integration.
3. Listing and Approvals
The IPO is structured with a primary listing in New York and a secondary listing in Toronto, contingent on Securities and Exchange Commission registration, Canadian prospectus qualification, market conditions and necessary corporate approvals.
4. Governance and JV Coordination
Barrick plans to maintain a controlling interest and has appointed a dedicated executive team to oversee North American Barrick. The company is in active discussions with Newmont to optimize joint venture enhancements and schedule the Fourmile integration.