Barrick Gold to Rebrand as Barrick Mining, Marking Strategic Copper Shift

Barrick Gold

Name and ticker change underscore broader focus on copper alongside gold portfolio

Barrick Gold, one of the world’s largest gold producers, has announced a major rebranding to Barrick Mining Corporation, signaling a significant strategic shift toward copper. The name change, aimed at better reflecting the company’s dual focus on gold and copper, is subject to shareholder approval at its May 6 annual and special meeting.

If approved, the rebrand will take effect at the start of trading on May 9, accompanied by a NYSE ticker change from ‘GOLD’ to ‘B’, while the TSX symbol ‘ABX’ will remain unchanged. The new CUSIP number for Barrick’s common shares will be 06849F108.

Copper to Play Key Role in Barrick’s Growth

“Barrick’s vision is to be the world’s most valued gold and copper exploration, development and mining company,” said CEO Mark Bristow. He emphasized that while gold remains central to the company’s identity, copper is poised to be a major contributor to its future growth trajectory.

With a portfolio of six Tier 1 gold mines, Barrick is now developing an expanding copper business, including assets such as Reko Diq, a massive copper-gold project in Pakistan, and other emerging prospects.

Strategic Growth and Sustainability

The rebrand and copper pivot align with global trends as copper demand surges for energy transition technologies. Bristow highlighted key gold growth projects such as Pueblo Viejo in the Dominican Republic and the Fourmile project in Nevada, which will continue to drive Barrick’s exploration agenda.

“Gold remains core to our foundation,” Bristow stated, “but copper will help us sustainably grow production volumes and long-term profitability.”

This evolution positions Barrick to capitalize on the green energy revolution, while retaining its dominant gold production status.