Gold (GCM26) has been on a relentless climb over the past year, capturing investor attention as a trusted hedge against inflation, geopolitical strain, and currency volatility. With prices pushing past the $4,500-per-ounce mark in recent months, miners have quietly enjoyed a surge in profitability, translating elevated spot prices into stronger realized margins. The early months of 2026, in turn, have reflected that strength, with the sector delivering results that stand out in an otherwise uncertain market backdrop.
And now Barrick Mining Corporation (B) seems ready to seize that moment with a calculated move. The company is preparing to take its North American gold business public, carving out a new entity called North American Barrick and is set for listings in New York and Toronto. At the heart of this spin-off lies a portfolio that already delivers scale and stability, anchored by Nevada Gold Mines (a joint venture between Barrick Mining and Newmont (NEM), Pueblo Viejo, and the promising Fourmile discovery, which management believes could rank among the most significant finds of this century.
