Canada’s gold giant Barrick has officially changed its name to Barrick Mining Corporation, or Société minière Barrick in French, and reported a stronger-than-expected first-quarter profit, fuelled by record gold prices.
The shift, announced in April, received shareholder approval at the company’s annual and special meeting on May 6. The Toronto-based miner will switch its ticker on the New York Stock Exchange from GOLD to B as of May 9. Its shares will continue to trade under the ABX symbol on the Toronto Stock Exchange.
The move signals a strategic shift for a company that became a dominant force in gold through bold acquisitions led by founder Peter Munk. Barrick is now positioning itself for a future shaped increasingly by copper. The company has two key projects that are on track for first production in 2028. The Reko Diq copper-gold project in Pakistan, designed to produce 400,000 tonnes of…
