Barrick Mining is considering a London listing for its African business, potentially coinciding with a sale of those assets. Early-stage discussions include a possible all-share transaction with UK-listed Endeavour Mining.
The strategic evaluation aligns with Barrick’s plan to spin off assets and focus on lower-risk jurisdictions. Under one proposed scenario, the parent company would retain its Toronto listing while holding stakes in a New York-listed North American entity and a separate London-listed African company.
Barrick has not officially commented on the matter. Sources indicate that no final decision is imminent.