Overview
- The proposed NewCo would hold Barrick’s interests in Nevada Gold Mines and the Pueblo Viejo joint venture plus the 100%‑owned Fourmile discovery.
- Barrick says it would float only a small minority stake in the new entity and keep a controlling majority.
- Management has board approval to evaluate the offering through early next year and will brief investors alongside full‑year 2025 results in February.
- Goldman Sachs and Klein & Company are advising, according to a person familiar with the matter, and a New York listing is under consideration, the source said.
- Analysts frame the potential IPO as a value‑unlocking move in a record gold price environment and say the structure could position the assets for possible consolidation with Newmont.