What is Barrick Mining considering doing with its African business, and what is one potential transaction being explored?

Barrick Mining is weighing a possible London listing for its African business, with a potential all-share transaction with UK-listed Endeavour Mining (EDV.L) seen as one option under consideration. Discussions are at an early stage, no decision has been made, and there is no certainty a deal will materialise or be announced in the near term.

How would Barrick’s proposed corporate structure change if the London listing proceeds, and what historical precedent does the company have for such a move?

Under one scenario being explored, Barrick would retain its Toronto listing as a holding company owning shares in both its New York-listed North American entity and a separate Africa-focused entity listed in London. This would repeat a move the company made two decades earlier when it spun off its Africa business and listed it in the UK as Acacia before later reacquiring it.

Barrick Mining Considers London Listing for African Assets Amid Sale Negotiations

Jun 1, 2026

Barrick Mining is exploring a London listing for its African business, potentially via an all-share deal with Endeavour Mining. The move aims to restructure the company away from risky regions, though discussions are early-stage with no certainty of completion.

reuters

2026-06-01

Barrick Mining Considers London Listing for African Assets Amid Sale Negotiations

Barrick Mining Considers London Listing for African Assets Amid Sale Negotiations

FAQ