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Barrick Targets New York for Gold Spin‑Off IPO

Bloomberg Markets •
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Barrick Mining Corp. has confirmed plans to list its North American operations on the New York Stock Exchange later this year, setting a clear timetable for the initial public offering.

The move signals Barrick’s intent to separate its domestic mining assets from its global portfolio, potentially unlocking value for shareholders and aligning the company with U.S. investors who favor gold‑heavy holdings.

By choosing New York, Barrick positions itself among the world’s largest equity markets, where liquidity and investor appetite for commodity stocks remain strong. The IPO timing aligns with a broader trend of resource firms seeking U.S. capital to fund growth and debt reduction.

Barrick’s announcement confirms it remains on track to complete the offering by year‑end, reinforcing confidence among investors and setting the stage for a high‑profile launch that could reshape the company’s capital structure.