TSX:ABXMetals and Mining
How an Activist-Driven North American Spin-Off Plan At Barrick (TSX:ABX) Has Changed Its Investment Story
On December 7, 2025, Barrick Gold Corporation said its board, under pressure from activist investor Elliott Investment Management, had approved exploring a spin-off of its premier North American mining operations into a separately listed “NewCo” to tackle a valuation gap and reduce geopolitical exposure.
This move, coming alongside recent asset sales in Côte d'Ivoire and a refreshed board with a new Lead Independent Director, signals a sharper focus on core, lower-risk assets that could...