Barrick Mining Corporation announced a corporate restructuring move and a slate of executive appointments tied to a planned market listing of a new company that will house its North American gold assets.
The new vehicle, to be called North American Barrick, will encompass Barrick’s stakes and operatorship of the Nevada Gold Mines complex and the Pueblo Viejo operation, as well as the Fourmile gold project. Barrick said these holdings produced approximately 2.0 million ounces of attributable gold production in 2025.
Barrick has appointed a dedicated management team to run the North American operations. Tim Cribb will serve as Chief Operating Officer, Wessel Hamman as Chief Financial Officer, and Joe Heckendorn as Chief Legal Officer and Corporate Secretary. The leadership group also includes Megan Tibbals as Chief Technical Officer, Richard Barley as Chief HR Officer, Javier Ortuzar as Vice President of Exploration, and Amanda Steensen as Vice President of Sustainability.
The portfolio within North American Barrick will include four principal gold assets in the region: the Carlin, Cortez and Turquoise Ridge operations, all part of the Nevada Gold Mines complex, plus the Pueblo Viejo mine in the Dominican Republic. The Fourmile project, which sits adjacent to Nevada Gold Mines, is expected to be contributed to the joint venture in accordance with existing agreements.
Barrick said North American Barrick is expected to seek a primary listing in New York and a secondary listing in Toronto. The proposed offering will proceed subject to registration with the U.S. Securities and Exchange Commission and qualification of a Canadian prospectus, among other regulatory steps.
The company intends to complete the initial public offering of a minority stake in North American Barrick by the end of 2026, contingent on market conditions and receipt of the necessary approvals. Barrick will continue to hold a substantial controlling interest in the new company following the offering. The firm also noted it is coordinating with joint venture partner Newmont to pursue value creation for all stakeholders.
These corporate developments set a timetable and governance structure for the planned separation and partial listing of Barrick’s North American gold operations, while keeping the company in a controlling position through the transaction process.