COLORADO SPRINGS, Colo., Sept. 16, 2025 (GLOBE NEWSWIRE) -- Barrick Mining Corporation (NYSE:B)(TSX:ABX) – The Fourmile project in Nevada is cementing its position as one of the century’s greatest gold discoveries, updated studies by 100%-owner Barrick show. Backed by ongoing 2025 evaluation results1 and the 2024 mineral resource, the new preliminary economic assessment (PEA) underscores Fourmile’s rare combination of grade, scale and exploration upside, confirming its potential to become one of the world’s ...

COLORADO SPRINGS, Colo., Sept. 16, 2025 (GLOBE NEWSWIRE) -- Barrick Mining Corporation (NYSE:B)(TSX:ABX) – The Fourmile project in Nevada is cementing its position as one of the century’s greatest gold discoveries, updated studies by 100%-owner Barrick show. Backed by ongoing 2025 evaluation results1 and the 2024 mineral resource, the new preliminary economic assessment (PEA) underscores Fourmile’s rare combination of grade, scale and exploration upside, confirming its potential to become one of the world’s ...

Key Takeaways Barrick divests its Hemlo mine to Carcetti Capital for up to $1.09B, including $875M in cash.The sale supports Barrick's balance sheet strength and shareholder returns.Divestments in 2025, including Donlin and Alturas, are expected to generate over $2B for Barrick.Barrick Mining Corporation (B) has agreed to sell its Hemlo Gold Mine in Canada to Carcetti Capital Corp. for gross proceeds of up to $1.09 billion, including an $875 million cash consideration. The divestment, which is expected to c ...

Global gold producers cut combined Scope 1 and 2 greenhouse-gas emissions to below 30-million tons of CO₂ equivalent in 2024, the lowest level in a decade. With gold prices reaching fresh all-time highs, the environmental, social, and governance (ESG) awareness for the mining sector is one of the metrics in focus.According to the Gold ESG Focus 2025 report by Metals Focus released on Thursday, absolute emissions from the industry's top miners fell 2% year-on-year to 29.9 million tons CO₂e, the fourth consec ...

The prospects for the Zacks Mining - Gold industry look bright, backed by the 38.5% growth seen in gold prices so far this year. The bullion is expected to trend higher, supported by escalating geopolitical tensions and central bank buying.With gold prices expected to increase further due to demand-supply imbalance, companies like Newmont Mining NEM, Agnico Eagle Mines (AEM) , Barrick Mining Corp (B) , Franco-Nevada Corporation (FNV) and Kinross Gold (KGC) are well-positioned to capitalize on this, backed b ...

Key Takeaways Barrick will sell its Hemlo mine to Carcetti Capital, generating up to $1.09 billion in proceeds.The deal includes $875M in cash, $50M in HMC shares and up to $165M in future payments.Proceeds support balance sheet strength and capital returns as Barrick divests non-core assets.Barrick Mining Corporation (B) has announced an agreement to divest its Hemlo Gold Mine in Canada to Carcetti Capital Corp., which is to be renamed Hemlo Mining Corp. (“HMC”) upon the closing of this transaction.The sal ...

Hemlo gold mine in Ontario. (Image courtesy of Barrick Gold.) Barrick Mining (NYSE: B; TSX: ABX) has agreed to sell its last operating gold mine in Canada, marking a significant milestone as the company shifts its focus toward copper.The Hemlo Gold Mine in Ontario will be sold to Carcetti Capital Corp. for $875 million in cash and $50 million worth of Carcetti shares. An additional $165 million in contingent payments could be triggered depending on future gold prices. The sale is expected to close in the fo ...

Barrick Mining Corporation (NYSE:B) announced Wednesday that it has struck a deal to divest its Hemlo Gold Mine in Ontario, Canada, in a transaction worth as much as $1.09 billion. The mine will be acquired by Carcetti Capital Corp., which plans to rename itself Hemlo Mining Corp. once the sale closes. The transaction includes upfront cash of $875 million, equity in the acquiring firm valued at $50 million, and additional gold price-linked contingent payments of up to $165 million beginning in 2027. Also ...

Barrick Mining Corporation B announced Wednesday that it has struck a deal to divest its Hemlo Gold Mine in Ontario, Canada, in a transaction worth as much as $1.09 billion.The mine will be acquired by Carcetti Capital Corp., which plans to rename itself Hemlo Mining Corp. once the sale closes.The transaction includes upfront cash of $875 million, equity in the acquiring firm valued at $50 million, and additional gold price-linked contingent payments of up to $165 million beginning in 2027.Also Read: San Fr ...

Gold Miners Top List Of Best Growth Stocks To Buy And Watch: See New Stocks Just Added To IBD 50, Big Cap 20, More 8/21/2025Here are today's top growth stocks like gold miner Barrick Mining that have just been added to the IBD stock... BREAKING: Futures Rise After Oracle Fuels AI Rally Gold prices dipped slightly Thursday, but remain close to record high continuing its strong run in recent years. Barrick Mining (B) announced late Wednesday it is selling it's last active gold mine in the country. Barrick Min ...