Barrick debuts single-letter ticker ‘B’ on NYSE
Mark Bristow rang the opening bell at the NYSE on Friday.
Mark Bristow at the NYSE on Friday
Dual-listed Barrick Mining is officially trading under the single-letter ticker symbol ‘B’ on the New York Stock Exchange.
To mark the milestone, Barrick president and CEO Mark Bristow rang the opening bell at the NYSE on Friday.
“Barrick’s vision is to be the world’s most valued gold and copper exploration, development and mining company,” said Bristow.
“Along with our world-class portfolio of six Tier 1 gold mines, we are building a substantial copper business which will be a meaningful contributor to organically growing our production volumes in the coming years and beyond.”
Bristow said the new ticker better reflected Barrick’s evolving identity and strategy, as it sought to expand its copper exposure alongside its core gold operations.
“Our new stock symbol ‘B’ better reflects Barrick’s current business and our mission to achieve sustainable and profitable gold and copper growth,” he said. “Together, gold and copper give Barrick the stability of a precious metal and the growth potential of a strategic one – anchoring our portfolio in resilience and aligning us with rising global electrification and infrastructure demand.”
Bristow pointed to key projects driving the miner’s gold and copper growth strategy, including the expansion of Pueblo Viejo in the Dominican Republic, the Fourmile project in Nevada, and the copper/gold Reko Diq project in Pakistan.
“Gold is core to our business and we continue to explore for and develop new gold mines,” he said.
Barrick’s shares will continue to trade on the TSX under the symbol ‘ABX’. The new CUSIP number for the NYSE-listed common shares is 06849F108.
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