TSX:ABXMetals and Mining
Barrick Mining Recasts Growth Plans With Reko Diq Delay And Spin Off
Barrick Mining (TSX:ABX) is slowing development of its Reko Diq project in Pakistan due to ongoing security risks.
The company now expects the pause to extend until at least mid 2027, pushing out project timelines.
Barrick is also planning to reduce exposure to higher risk jurisdictions, including a proposed spin off and possible IPO of its North American operations.
These moves signal a material shift in how Barrick is balancing growth opportunities with geopolitical risk across its...