Barrick Mining Corporation (NYSE: B) announced executive appointments and provided updates on its planned initial public offering of a minority stake in a new company holding its North American gold assets, according to a company statement.

The new entity, called North American Barrick, will include Barrick's stakes and operatorship of Nevada Gold Mines and Pueblo Viejo, as well as the Fourmile project. These assets produced approximately 2.0 million ounces of attributable gold production in 2025.

Barrick appointed a dedicated management team for the North American operations, led by Tim Cribb as Chief Operating Officer, Wessel Hamman as Chief Financial Officer, and Joe Heckendorn as Chief Legal Officer and Corporate Secretary. The team also includes Megan Tibbals as Chief Technical Officer, Richard Barley as Chief HR Officer, Javier Ortuzar as Vice President of Exploration, and Amanda Steensen as Vice President of Sustainability.

The portfolio includes four gold assets located in North America: Carlin, Cortez, and Turquoise Ridge in the Nevada Gold Mines complex, and the Pueblo Viejo mine in the Dominican Republic. The Fourmile gold project, located adjacent to Nevada Gold Mines, is expected to be contributed to the joint venture in accordance with existing agreements.

North American Barrick is expected to have its primary listing in New York with a secondary listing in Toronto, subject to SEC registration and Canadian prospectus qualification processes. Barrick plans to complete the IPO by the end of 2026, subject to market conditions and necessary approvals.

Barrick will maintain a significant controlling interest in North American Barrick following the offering. The company stated it is working with joint venture partner Newmont to ensure value creation for all stakeholders.