Barrick Gold to Rebrand as Barrick Mining Corporation announced plans to change its corporate name to Barrick Mining Corporation as the company expands its focus beyond gold into copper production.
The proposal requires shareholder approval at the Annual and Special Meeting scheduled for May 6, 2025.The company will simultaneously change its NYSE ticker symbol from ‘GOLD’ to ‘B’ effective May 9, 2025, while maintaining its ‘ABX’ symbol on the Toronto Stock Exchange. The new CUSIP number for Barrick shares will be 06849F108.
Despite the name change, Bristow emphasized that gold production remains central to Barrick’s strategy. “Gold remains core to our foundation and we will continue to explore for and develop new gold mines,” he said, highlighting ongoing projects including the Pueblo Viejo expansion, Nevada’s Fourmile gold project, and the Reko Diq project, which contains significant copper and gold deposits.
The company currently operates six Tier One gold mines and is building what it describes as a “substantial copper business” expected to contribute significantly to production volumes in coming years.
Detailed information about the proposed name change is available in the company’s 2025 Information Circular, accessible on Barrick’s website and filed with regulatory authorities.
Mark Bristow, chief executive officer of Randgold Resources Ltd., poses for a photograph before a Bloomberg Television interview in London, U.K., on Thursday, May 10, 2018. Randgold is confident that talks with the Democratic Republic of Congo will lead to a compromise on the country's new mining rules which risk hurting producers' profits. Photographer: Simon Dawson/Bloomberg
Add a comment