Barrick targets November filing for North American IPO

AI desk brief

Barrick plans to file for its North American gold IPO in November, targeting completion in Q4 2026 or early 2027, subject to market conditions, approvals and registration. Third-quarter gold output was 816,000 oz., up 3% sequentially but down 2% year-on-year; all-in sustaining costs rose 24% annually to $1,911/oz. Barrick retained 2026 guidance of 2.9–3.25 million oz. at $1,760–$1,950/oz., with fourth-quarter output expected slightly higher. Loulo-Gounkoto’s recovery supported production, while disruptions weighed on several other mines. Reko Diq’s cost and schedule remain unresolved under review; the update does not establish a directional bullion-price effect.