Barrick appoints Mark Hill as CEO for planned IPO, shares decline

Shares of Canadian gold miner Barrick Mining ABX.TO fall ~4% to C$63.14

ABX names Mark Hill as CEO to lead miner through planned IPO for its North American gold assets

Adds that the IPO would include its stakes in Nevada Gold Mines, Pueblo Viejo mines in the Dominican Republic, and its Fourmile project in Nevada

Expects to complete IPO process by late-2026

ABX stock tracks fall in bullion prices, as speculators book profits after a two‑day rally, while a firmer dollar and easing geopolitical tensions also weigh on safe‑haven metals

However, co posts Q4 profit of $1.04 per share, beating analysts' average estimate of 90 cents, helped by higher gold prices during the quarter - data compiled by LSEG

Barrick announces dividend of $0.42 per share, representing an increase of 140% over Q3

In 2025, shares jumped 37.5%