Araverus Team|Thursday, February 5, 2026 at 6:28 PM
Araverus Team
Feb 5, 2026 · 6:28 PM
Barrick Mining · Gold Assets · IPO
Barrick Mining said it will break off its North American gold assets into a separate company as the miner seeks to boost value at a time when prices for the precious metal have soared.
The chairman of NovaGold Resources is seeking financing for the Donlin gold project in Alaska in tandem with a feasibility study.
A deal would have created the world’s largest mining company, worth more than $200 billion. Glencore shares dropped 7%.
Companies are bringing in retired military brass to navigate Washington and win Pentagon contracts.
Gold prices regained ground with futures in New York rising after two sessions of heavy selling.
