Barrick Gold reportedly considers delaying the initial public offering of its North American gold business until 2027. The company previously aimed to complete the listing by the end of 2026.
Bloomberg initially reported the potential delay. Weeks ago, CEO Mark Hill stated the IPO was on track for this year.
Barrick has not officially confirmed the delay. Preparations for the offering reportedly continue. The final timing remains subject to change.
Major shareholders have expressed opposition to the spin-off strategy.
Barrick works with Goldman Sachs on the potential offering. The company also holds talks with additional banks.