Barricks 1.62% Surge on 416th-Ranked $290M Volume Amid GISTM Compliance Push

On August 5, 2025, Barrick (NYSE:B) rose 1.62% despite a 21.88% decline in trading volume to $290 million, ranking 416th in market activity. The miner disclosed granular data on its tailings storage facilities (TSFs) under the Global Industry Standard on Tailings Management (GISTM), aligning with Principle 15 of the framework. This follows prior disclosures in August 2023 and reflects the company’s ongoing commitment to operational transparency.

CEO Mark Bristow emphasized the disclosures as part of Barrick’s advocacy for industry-wide adoption of GISTM standards, noting the alignment with the company’s internal protocols. The move underscores its leadership role in the International Council on Mining and Metals (ICMM), where it has actively shaped tailings management benchmarks. Sustainability executive Grant Beringer highlighted progress in achieving Safe Closure for 13 facilities, with five more planned for 2026. The process requires stakeholder engagement, biodiversity preservation, and cultural heritage protection, reinforcing long-term risk mitigation strategies.

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