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Barrick names key executives for North American unit post-IPO

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Barrick names key executives for North American unit post-IPO
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Barrick Mining announced leadership appointments for its North American unit ahead of its planned IPO, with Wessel Hamman as CFO and Tim Cribb as COO. The new entity, North American Barrick, will include major gold operations in Nevada and the Dominican Republic. The IPO aims to enhance operational focus and unlock value, with listings planned in New York and Toronto. It is expected to be completed by the end of 2026.

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The Globe and Mail
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ShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountBarrick Mining ABX-T said on Tuesday Wessel Hamman will serve as the chief financial officer of the new company that will hold its North American assets following its IPO.Tim Cribb will serve as the chief operating officer, the company added.The planned IPO aims to sharpen operational focus and the value of Barrick’s North American mines, which produced about 2 million ounces of gold attributable to the company in 2025, while giving the business stand-alone leadership and flexibility.Earlier this year, Barrick’s current interim CEO Mark Hill was named as North American unit’s chief executive and president.The new entity, to be called North American Barrick, will include Carlin, Cortez and Turquoise Ridge operations in the Nevada Gold Mines complex, which is the largest gold-producing region in the world.It will also include the Fourmile gold project located next to the Nevada Gold Mines as well as the Pueblo Viejo mine in the Dominican Republic.North American Barrick is expected to have its primary listing in New York, with a secondary listing in Toronto. The IPO is on track to be completed by end of 2026.

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