From Gold to Growth: Barrick Mining Corporation Sets Course for Copper

2 mins min reading
From Gold to Growth: Barrick Mining Corporation Sets Course for Copper
From Gold to Growth: Barrick Mining Corporation Sets Course for Copper
Share:

The historic Barrick Gold Corporation has officially changed its name to Barrick Mining Corporation, reflecting more accurately its corporate strategy of sustained growth in both gold and copper. The decision was approved today by majority vote at the company’s Annual and Special Meeting of Shareholders. In French, the name changes from Société aurifère Barrick to Société minière Barrick.

By Panorama Minero

This move marks a milestone in the evolution of one of the world's largest mining companies, as it steps away from a brand historically associated with gold to embrace a broader identity aligned with its expanding presence in the copper sector.

New Ticker Symbol and Diversified Outlook

As part of the transformation, the company’s common shares will begin trading under the new ticker symbol ‘B’ on the New York Stock Exchange (NYSE) as of May 9, 2025, replacing the previous ‘GOLD’ symbol. On the Toronto Stock Exchange (TSX), the shares will continue trading under the symbol ‘ABX’. The new CUSIP number assigned will be 06849F108.

Mark Bristow, President and CEO of the newly renamed Barrick Mining Corporation, explained: "This is more than a name change. Barrick is building a copper growth platform that complements our gold leadership. Our mission is to become the world’s most valuable mining company in both metals.”

With six Tier One gold mines and a growing copper portfolio, Barrick is advancing major projects such as the Pueblo Viejo expansion (Dominican Republic), the Fourmile project in Nevada, and Reko Diq in Pakistan—one of the world’s largest copper-gold deposits. In Argentina, the company operates the well-known Veladero mine and holds exploration projects in copper, gold, and silver.

This change in corporate identity reflects a broader structural trend in the mining sector: copper is gaining prominence on the strategic agenda of global miners, driven by electrification, the energy transition, and the need to diversify revenue streams in the face of gold price cycles.

“With this decision, Barrick reaffirms its ambition to position itself as a global, integrated, and forward-looking mining company—ready to lead in both gold and copper for decades to come.”

Published by: Panorama Minero

Category: News

Illustrative image for the news: “We see an opportunity driven by the growth of the mining sector” | Panorama Minero

“We see an opportunity driven by the growth of the mining sector”

With extensive operations in Mexico and the United States, Grupo México Transportes outlines how technological evolution, artificial intelligence, and logistical integration are redefining freight rail transport. In conversation with Panorama Minero, its CEO, Bernardo Ayala, explains the scope of these innovations and their potential in Argentina.

Read more

Join our mining community!


Subscribe to our newsletter for exclusive news, insights, and updates on the mining industry and Panorama Minero's latest initiatives.

Illustrative image for the news: Lithium in the Province of Catamarca | Panorama Minero

Teresita Regalado, Catamarca’s Secretary of Mining Development, shares a technical analysis, production outlook, and the environmental challenges of a strategic activity for the province.

Illustrative image for the news: Epiroc Accelerates the Transition Toward Smart Mining in the Southern Cone | Panorama Minero

Driven by automation, digitalization and electrification, mining in the Southern Cone is entering a new stage of modernization. Epiroc presented its regional roadmap, highlighting how interoperability, agnostic solutions and people-centered support will be key to accelerating the transition toward more efficient, safe and competitive operations.