Leadership Transition at Barrick Gold Amid Major Strategic Overhaul

The global mining sector was taken by surprise as Barrick Gold announced the departure of its Chief Executive Officer, Mark Bristow, who has led the company for nearly seven years. Mark Hill has been appointed as the interim CEO during a period of significant corporate transformation. This leadership change raises immediate questions about the company’s ability to deliver on its ambitious target of increasing production by 30% before the decade concludes.

A sweeping portfolio restructuring characterized Barrick’s strategic moves throughout 2025. In a series of high-value divestments, the company sold its Hemlo mine for up to $1.09 billion in September. This was followed by the exit from the Tongon mine for $305 million Read more...