American Barrick Mining Corporation has formally advanced its North American gold spinoff, naming the planned publicly listed entity American Barrick Gold Corporation; it filed a Form S-1 with the U.S. Securities and Exchange Commission and intends to list on the New York Stock Exchange under ticker ABGC. Barrick noted that final share count and offering price range have not been determined; net proceeds from the minority initial public offering will be distributed to Barrick, which expects to return that capital directly to shareholders. Goldman Sachs, BofA Securities, Citigroup, and RBC Capital Markets are lead underwriters. Completion remains subject to market conditions and SEC review.
Under the S-1 filing, American Barrick will house Barrick's premier North American gold holdings; the registration includes SEC Regulation S-K subpart 1300 technical report summaries for the Nevada Gold Mines Complex and Pueblo Viejo in the Dominican Republic, alongside an initial assessment for Fourmile. Barrick also pledged to file a Canadian National Instrument 43-101 Preliminary Economic Analysis for Fourmile within 45 days. Barrick first announced it was evaluating a North American spinoff in December 2025 and targeted year-end 2026 completion in April. With spot gold near $4,105 per ounce, executives are seizing strong bullion prices to unlock value from lower-risk mining jurisdictions.
Barrick management reiterated that net IPO proceeds will flow back to Barrick for shareholder returns. The proposed American Barrick entity will house Barrick's flagship North American gold assets, including its stake in Nevada Gold Mines, Pueblo Viejo in the Dominican Republic, and wholly owned Fourmile. Parent company Barrick Mining plans to retain a controlling majority stake after the New York Stock Exchange listing while channeling net offering proceeds back to shareholders.
