Barrick Gold is weighing a secondary listing on the London Stock Exchange for its African operations. The gold mining giant is conducting a strategic review to reshape its global portfolio. Discussions remain in early stages with no final decision reached.
One proposal involves an all-share transaction with UK-listed Endeavour Mining. This combination would create a merged entity valued at approximately $30 billion.
Under the potential structure, Barrick would separate its African assets into a distinct London-listed company. The parent company would maintain its Toronto listing and focus on North American operations via its New York listing. Both Barrick and Endeavour declined to comment on the reports.