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Barrick MiningB
One of the world's largest gold and copper miners, renamed Barrick Mining in 2025.
Past week: +3.17%
30-day price
Where the chart sits — description, not prediction
Trading below both its 50-day ($41.40) and 200-day ($40.57) averages — the longer-term trend reads as down. 30-day range $37.19–$47.00; currently in the lower third of that range. RSI(14) 43 — momentum weak.
Computed from daily closing prices (Yahoo Finance), June 19, 2026. Compare all markets →
What is Barrick Mining?
Barrick Mining Corporation — formerly Barrick Gold Corporation — is one of the world's largest producers of gold and copper. Founded in 1983 and headquartered in Toronto, Canada, the company changed its name from Barrick Gold to Barrick Mining and its NYSE ticker from 'GOLD' to 'B' in May 2025, reflecting a growing emphasis on copper. It still trades on the Toronto Stock Exchange as ABX.
Barrick operates mines and projects across North America, South America, Africa, the Middle East, and Papua New Guinea. Its gold portfolio includes Nevada Gold Mines (a joint venture with Newmont), Pueblo Viejo in the Dominican Republic, and operations across several African nations; its copper assets span Chile, Saudi Arabia, and Zambia.
What has moved Barrick Mining
Leverage to gold and copper
As a major producer of both metals, Barrick's earnings track gold and copper prices. Gold is the dominant revenue stream, but copper is a meaningful second contributor. Its profit is essentially the gap between metal prices and its all-in sustaining costs, so small price moves swing earnings sharply.
Nevada Gold Mines
Barrick's majority-owned joint venture with Newmont consolidates a large, historically productive Nevada gold district. The quality and longevity of those assets are central to Barrick's production profile, and Nevada's performance is a closely watched indicator of the company's health.
Jurisdiction and political risk
Barrick has significant gold production in African nations including Mali, the DRC, and Tanzania. Political stability, government relations, and changes to mining fiscal terms there are persistent risk factors, and the company has publicly negotiated disputes over taxes and ownership stakes.
Copper strategy and diversification
The 2025 rebrand to 'Barrick Mining' signals a deliberate push into copper, a metal with strong structural demand from electrification. Copper assets in Chile, Zambia, and Saudi Arabia broaden its commodity base but add a second set of price cycles alongside gold.
Notable moments
2019: the Randgold merger
On January 1, 2019, Barrick completed a merger with Randgold Resources, creating what was then the world's largest gold miner by reserves. Randgold brought African mines including the Loulo-Gounkoto complex in Mali and a stake in Kibali in the DRC, plus CEO Mark Bristow, who drove a major operational overhaul.
2019: Nevada Gold Mines
Soon after the Randgold deal, Barrick and Newmont combined their overlapping Nevada operations into Nevada Gold Mines, in which Barrick holds a majority interest — creating one of the world's largest gold-mining complexes and an example of two rivals cooperating to extract efficiencies.
2025: the rebrand to Barrick Mining
In May 2025 shareholders approved renaming the company from Barrick Gold to Barrick Mining, and the NYSE ticker changed from 'GOLD' to 'B'. The change reflected the company's evolution into a multi-commodity miner as copper took on greater strategic importance.
Common questions
Why did Barrick change its ticker from GOLD to B?
The change on the NYSE in May 2025 accompanied the rename to Barrick Mining Corporation, which management said better reflects its growing copper business alongside gold. The Toronto Stock Exchange ticker ABX was unchanged.
What is Nevada Gold Mines?
It is a joint venture between Barrick and Newmont that combined their separate Nevada operations into a single managed complex. It is one of the world's largest gold operations by output, spanning multiple mines and processing facilities across northern Nevada.
How does Barrick handle political risk in Africa?
Barrick operates in several African countries and has at times been in high-profile disputes with host governments over taxes, royalties, and ownership — notably in Tanzania and Mali. It generally seeks negotiated resolutions, though outcomes are inherently uncertain.
Is Barrick still primarily a gold miner?
Gold remains Barrick's dominant revenue source, but it has grown its copper business through mines in Chile, Zambia, and Saudi Arabia and is developing more copper projects. The 2025 rename signals management sees copper as a structurally important second pillar.