H

THE PROJECT HERALD
The Intelligence Ledger of
Projects, Capital, Companies and Policy

Barrick Mining Corporation

Country
Zambia
Sector
Mining
Intelligence Type
Corporate
Status / Stage
Active
Confidence
Confirmed

Barrick Mining Corporation (formerly Barrick Gold, rebranded and ticker-changed from GOLD to B on 9 May 2026) is one of the world’s largest gold and copper miners, founded by Peter Munk in 1983 and headquartered in Toronto. Mark Hill was appointed President and CEO on 4 February 2026, formalizing a leadership transition that began with his interim appointment in September 2025. The company is pursuing a planned IPO/spinout of its North American gold assets by late 2026 alongside continued development of the Lumwana copper expansion in Zambia.

Company Profile

Company TypePublic (NYSE: B; TSX: ABX)
HeadquartersToronto, Canada
Countries of OperationCanada; United States; Zambia; Mali; DRC; Tanzania; Dominican Republic; Argentina; and others
Founded1983
Key ExecutivesMark Hill (President & CEO, since Feb 2026)
Revenue~$19 billion trailing twelve months (as of March 2026); Q1 2026 revenue $5.2bn, up 67% year-on-year
Market Capitalization~$67–73 billion (varies by source, Aug 2026)

Key Developments

Rebranded from Barrick Gold to Barrick Mining Corporation, ticker changed GOLD→B (9 May 2026); $3bn share buyback authorized May 2026 ($1.209bn repurchased in Q2 2026); planned North American Barrick IPO/spinout targeted by late 2026; Lumwana Super Pit expansion tracking on schedule

Key Risks

Stock down 17.6% year-to-date despite record gold prices and strong Q1 earnings — analysts attribute this to leadership-transition uncertainty and spinout execution risk rather than operational performance

Commercial Opportunity Intelligence

Commercial ReadinessVery Early

Source & Verification Trail

Last VerifiedAugust 2026
Source(s)SEC Form 6-K (Barrick Mining Corp, FY2026); PitchBook; StockAnalysis.com; 24/7 Wall St. (2 July 2026)