Barrick Gold Considers Major Corporate Restructuring to Unlock Value

Barrick Mining CA0679011084

Barrick Gold is evaluating a significant strategic move that could reshape the company’s corporate framework. At the heart of the review is a potential initial public offering (IPO) for a newly created subsidiary, which would house the company’s premier North American gold assets. This initiative aims to address a perceived conglomerate discount in the current market valuation and more clearly highlight the portfolio’s intrinsic worth for shareholders.

Alongside its strategic review, Barrick continues to streamline its portfolio. The company has finalized the sale of its Tongon gold mine in Côte d’Ivoire to the Atlantic Group. The total transaction value could reach up to $305 million.