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Barrick: strength through partnership, performance and a global vision for value

07 Jan 2026 | Market News

Barrick continues to demonstrate the depth and resilience of its global portfolio, underpinned by operational discipline, long-term partnerships, and a clear strategic focus on shareholder value creation.

Recent operational and financial milestones have highlighted the company’s strong performance track-record and how well Barrick is positioned for the next phase of responsible, sustainable growth.

North America: Unlocking portfolio value

North America is central to Barrick’s strategy. The company is evaluating a potential initial public offering of a new entity that would hold its premier North American gold assets, including Nevada Gold Mines, Pueblo Viejo, and the high-grade Fourmile discovery in Nevada. The move reflects a disciplined approach to portfolio optimisation, aimed at enhancing transparency, unlocking value, and offering investors greater exposure to some of the world’s most stable and prospective gold jurisdictions.

Africa and the Middle East: Stability, partnership and progress

Africa however remains an important part of Barrick’s global footprint, anchored by long-standing relationships and a partnership-first operating model. A landmark agreement with the Government of Mali has resolved all outstanding disputes and restored full operational control of the Loulo-Gounkoto complex which paves the way for renewed collaboration and continued investment in one of the continent’s most established gold districts.

In Tanzania, Barrick’s operations continue to demonstrate the strength of its partnership-based approach, delivering consistent performance while supporting national development priorities through local employment, supplier development, and community investment. Elsewhere, Kibali in the Democratic Republic of Congo stands out as Africa’s largest gold mine and one of its greenest, setting the benchmark for scale, efficiency, and renewable energy integration on the continent. In Zambia, Lumwana remains a key component of Barrick’s long-term copper growth strategy, supporting future supply critical to electrification and infrastructure development.

Beyond Africa, Barrick’s copper footprint extends to the Middle East and Pakistan with our Jabal Sayid copper operation and Reko Diq copper-  gold project. Jabal Sayid in Saudi Arabia plays a pivotal role in the Kingdom’s emergence as a global minerals hub and Reko Diq in one of the largest undeveloped copper-gold deposits in the world. 

A balanced global platform

With a diversified portfolio spanning gold and copper, Barrick’s strategy is defined by balance: between performance and responsibility, scale and partnership, today’s production and tomorrow’s growth. As the global mining industry navigates evolving demand and heightening expectations, Barrick remains focused on building enduring value for host countries, communities, and stakeholders alike.

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