Barrick to Launch North American Gold Asset IPO in 2023

Barrick Mining plans to spin off its North American gold assets into a separate company through an initial public offering (IPO) this year. The move aims to boost the value of the assets as gold prices have soared. The new company will be listed on a major stock exchange and will be a pure-play gold producer. The IPO is part of Barrick's strategy to unlock value from its assets and provide shareholders with greater flexibility.