American Barrick Gold, a pure-play North American gold producer being carved out of Barrick Mining, filed on Tuesday with the SEC for an initial public offering that we estimate could raise up to $6 billion.
American Barrick's portfolio is anchored by a 61.5% interest in Nevada Gold Mines, a joint venture with Newmont that accounted for 81% of the company’s attributable gold production in 2025. Within Nevada Gold Mines, the company is advancing the Fourmile project. It also holds a 60% controlling interest in Pueblo Viejo in the Dominican Republic, a joint venture with Newmont that the company operates. In 2025, the company produced 2.0 million ounces of gold on an attributable basis, and it has 40 million ounces of attributable mineral reserves, representing a 20-year reserve life.
The Henderson, NV-based company was founded in 1990 and booked $14.2 billion in revenue for the 12 months ended June 30, 2026. It plans to list on the NYSE under the symbol ABGC. Goldman Sachs, BofA Securities, Citi, and RBC Capital Markets are the joint bookrunners on the deal. No pricing terms were disclosed.
