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BARRICK MINING (B)

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Recent press releases and 8-K filings for B.

Barrick Mining Explores IPO for North American Gold Assets
B
New Projects/Investments
M&A
  • Barrick Mining's Board of Directors has authorized management to explore an initial public offering (IPO) of a subsidiary holding its premier North American Gold Assets.
  • The subsidiary's assets would include Barrick's joint venture interests in Nevada Gold Mines and Pueblo Viejo, plus the wholly owned Fourmile gold discovery in Nevada.
  • The contemplated IPO would involve listing a small minority interest, with Barrick retaining a significant controlling majority stake.
  • An update on the potential IPO exploration is expected at the company's Full Year 2025 Results in February 2026.
22 hours ago
Kolibri Global Energy Inc. Provides Operations Update
B
Guidance Update
New Projects/Investments
  • Kolibri Global Energy Inc.'s Tishomingo field is currently producing over 6,000 Barrels of oil equivalent per day (BOEPD).
  • The two Barnes wells are each averaging approximately 465 BOEPD (395 barrels of oil per day) with 85% oil content, and production tubing strings are expected to be run in early 2026 to further improve rates.
  • Internal analysis indicates the four-well Lovina pad has strong economics, forecasting a 33% Internal Rate of Return (IRR) at a $60/barrel oil price and a 48% IRR at a $70/barrel oil price.
  • The two Velin wells are experiencing lower than anticipated early production rates, averaging approximately 200 BOEPD (145 BOPD), with tubing currently being run to assist fracture fluid flowback and improve rates.
3 days ago
Barrick Mining Corporation Increases Share Buyback Program
B
Share Buyback
  • Barrick Mining Corporation's Board of Directors approved an increase of $500 million to its existing share repurchase program on November 10, 2025.
  • This increase follows the successful repurchase of $1.0 billion in shares as of September 30, 2025, under the original program authorized in February 2025.
  • The company believes its common shares may trade at prices that do not adequately reflect their underlying value, prompting the potential for further repurchases.
Nov 10, 2025, 8:56 PM
Barrick Mining Corporation Reports Strong Q3 2025 Results
B
Earnings
M&A
Share Buyback
  • Barrick Mining Corporation reported $4.1 billion in revenue, $2.4 billion in operating cash flow, and $1.5 billion in free cash flow for Q3 2025.
  • Net earnings per share increased to $0.76, and adjusted net earnings per share rose 23% from Q2 to $0.58.
  • Gold production was 829,000 ounces, a 4% increase over Q2, while copper production was 55,000 tonnes, a 7% decrease from Q2.
  • The company significantly increased share repurchases, totaling $589 million in Q3, and the Board approved a 25% increase in the base quarterly dividend.
  • Barrick completed the sale of its 50% interest in the Donlin Gold project for $1 billion in Q2 2025 and announced agreements to sell the Tongon gold mine for up to $305 million and the Hemlo Gold Mine for up to $1.09 billion, both expected to close in Q4 2025.
Nov 10, 2025, 8:56 PM
Kolibri Global Energy Lowers 2025 Guidance
B
Guidance Update
Profit Warning
New Projects/Investments
  • Kolibri Global Energy has revised its 2025 guidance downward due to delays in bringing four wells into production and lower-than-expected oil prices.
  • The company now expects production between 4,000 and 4,400 barrels of oil equivalent per day, a 15% to 27% increase from 2024, but below the previous target of 4,500 to 5,100 barrels.
  • Revenue projections have been lowered to $61 million to $65 million, and adjusted EBITDA is now expected to be $46 million to $50 million.
  • Capital expenditures are forecasted to rise to $55 million to $58 million due to re-drill efforts, weather, and cost increases, with net debt forecasted between $46 million and $48 million.
Oct 6, 2025, 11:01 AM
Barrick Mining Corporation Announces Leadership Transition
B
CEO Change
Management Change
  • Barrick Mining Corporation announced a leadership transition on September 29, 2025, with Mark Hill appointed as Group COO and Interim President & Chief Executive Officer, effective immediately.
  • This appointment follows the departure of Mark Bristow as President and CEO after nearly seven years, during which he led the successful integration of Barrick and Randgold in 2019.
  • The Board has initiated a search for a permanent President & CEO, and the company expects to perform in line with its Full Year expectations.
Sep 29, 2025, 6:32 PM