Barrick Considers IPO of Subsidiary, Receives Board Authorization

Key Takeaways B is exploring an IPO for NewCo that will hold its North American gold assets.The IPO would list a small minority interest while B keeps a significant controlling stake.NewCo will be anchored by Nevada Gold Mines, Pueblo Viejo and the Fourmile discovery.Barrick Mining Corporation (B) announced the authorization of its board to explore an initial public offering (IPO) for its subsidiary, NewCo, that will hold its North American Gold Assets. The IPO will unlock the value of the assets by creatin ...