Barrick Mining Weighs Major Breakup as Board Considers Splitting Global Operations
Barrick Gold Considers Breaking Up Company: Possible Split of North American and African–Asian Assets The board of Barrick Mining, one of the world’s largest gold producers, is exploring a plan to split the company into two separate entities—one focused on North America and the other on Africa and Asia—according to four sources familiar with internal discussions. The potential restructuring could also involve the sale of Barrick’s African portfolio and the Reko Diq copper-gold project in Pakistan, once financing arrangements for the latter are secured, the sources told Reuters. In Mali,…
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