Barrick Mining Corp B

$AG $B Could Barrick's North American Gold IPO Set the Stage for a Jerritt Canyon Acquisition? The timing is certainly intriguing. Barrick just announced plans to IPO its North American gold assets in early 2027, potentially creating a well-capitalized platform for further consolidation in Nevada. Meanwhile, First Majestic is aggressively advancing Jerritt Canyon, investing approximately $42M in Q3 alone. During AG's recent earnings call, Keith Neumeyer expressed considerable excitement about upcoming exploration results, saying management was anxious to release some very interesting discoveries. Now consider the strategic fit: - Jerritt Canyon sits north and northeast of Nevada's prolific Carlin Trend, home to major Barrick and Newmont operations. - The property contains substantial gold resources, established infrastructure, and a long history of production. - AG anticipates releasing updated resource figures in early 2027, around the same time as Barrick's planned IPO. - Mining is targeted to restart in Q3 2027, with initial gold production in Q4. - Consolidation could create economies of scale in exploration, procurement, engineering, and operations. - A newly public American Barrick could potentially have greater flexibility to fund acquisitions through cash, debt, or equity. Here's what makes this particularly interesting: First Majestic is investing heavily to advance and potentially de-risk Jerritt Canyon just as Barrick is preparing to establish a separately traded North American gold powerhouse. A compelling exploration update could meaningfully increase Jerritt Canyon's strategic value before either company's major 2027 milestones. For First Majestic, an attractive acquisition offer could unlock substantial value while allowing management to concentrate capital on its core silver operations. To be clear, there is no confirmed acquisition discussion. This is a potential strategic opportunity, not an announced transaction. But with gold possibly bottoming here and back above $4,000 into strong seasonality, Barrick preparing its IPO, and First Majestic promising interesting exploration results... Jerritt Canyon deserves considerably more attention imo.

$XOP $XOM $B $CDE Overnight looking strong. Let’s see if we can’t get energy and miners running again at the same time. After all, that’s where the real money is. Hard assets. Two things I want to see, actually 3. 1. Silver back to $65+ 2. Platinum back to $2,000+ 3. Uranium to simply scream higher. We could see another squeeze that makes the moves earlier this year look mild. Regardless of when metals breakout again, I will be here to capture the returns. After all, someone needs to be here to feed the herd. $MGY is a bargain BTW. Natural gas is finally showing some strength. Natty gas 👉$6 has been my call. Stay strong commodities bulls. 👍🍿

Barrick Mining has filed an SEC registration for an IPO to spin off its core North American gold assets into American Barrick Gold Corp., which plans to list on the NYSE under ABGC while remaining a controlled subsidiary. The new company will include Barrick’s 61.5% operating stake in Nevada Gold Mines, its 60% stake in the Pueblo Viejo mine in the Dominican Republic, and other regional assets. Nevada Gold Mines accounted for 81% of American Barrick’s 2 million attributable ounces in 2025. IPO proceeds will flow to Barrick through repayment of a pre-transaction dividend note, potentially allowing the parent to return capital to shareholders. American Barrick targets virtually zero net debt at closing and an annualized base dividend of $1.25 billion, with additional distributions possible from excess free cash flow. $B

$B bearish sequence remains incomplete. Expecting a retest of the Jan 28, 2026 lows, followed by a push into the $31.55–$26.14 extreme zone before turning higher. Read more here 👉 https://elliottwave-forecast.com/stock-market/barrick-mining-elliott-wave-wxy-correction/ #Trading #Elliottwave

Options volume in $B came to $2.6M in premium today; the stock closed down 6.10% at $39.69. The split was $2.2M in calls against $395K in puts, 85% calls. Off the exchanges, 3.8M shares traded on Monday (Nov 9), 29.6% of volume and 1.3x a normal day. Over five sessions that off-exchange volume has been rising, from 1.8M shares on Nov 3. Heavy dark pool volume alongside options weighted to calls gives this strongly bullish lean more weight than options alone would.

$B $ABX.TSX Weekly chart. showing possible higher low in price and in MACD cross. a cross up here would possible restart the monthy MACD on another bull run. $GDX $GLD

$B $GLD $GDX $ABX.TSX

$B: JPMorgan's Bennett Moore maintains Overweight on Barrick Mining and cuts the price target to $53 from $55, according to the supplied update. The rating is unchanged. The next focus is gold and copper prices, production delivery and mining costs.