Bank of New York Mellon Corp purchased 3,195,578 shares of Barrick Mining Corporation during the second quarter.
The acquisition is valued at approximately $117.37 million. This transaction gives the bank a 0.19% stake in the gold and copper producer. The details were disclosed in a 13F filing with the Securities and Exchange Commission on August 24, 2026.
Barrick recently reported second-quarter earnings that exceeded analyst estimates. The company also announced an agreement with Newmont to expand their Nevada joint venture. Other institutional investors and hedge funds have also increased their holdings in the company.