By Vallari Srivastava and Divya Rajagopal
April 28 (Reuters) - Barrick Mining named Wessel Hamman as chief financial officer of the new company that will hold its North American assets after its IPO, adding on Tuesday that Tim Cribb will serve as chief operating officer.
Mark Hill was named as CEO of the new group earlier this year ahead of its planned stock market listing, which aims to sharpen the operational focus and value of North American Barrick, which produced about 2 million ounces of gold
attributable to the company in 2025.
The IPO update comes a year after Barrick embarked on a corporate restructuring that included the departure of its former CEO, Mark Bristow, and a split of its business.
Barrick also said that it has been meeting with Newmont, the joint venture partner of Nevada Gold Mines, to improve the performance at NGM, and they will abide by all commitments made.
Newmont said in February it had sent a default notice to Barrick about NGM's underperformance.
Barrick said it is also discussing the ownership of the Fourmile gold project with Newmont.
North American Barrick will include Carlin, Cortez, and Turquoise Ridge operations in the NGM complex, which is the world's largest gold-producing region.
It will also include the underdeveloped Fourmile gold project located next to NGM, as well as the Pueblo Viejo mine in the Dominican Republic.
North American Barrick is expected to have its primary listing in New York, with a secondary one in Toronto. The IPO is on track to be completed by the end of 2026.
(Reporting by Vallari Srivastava in Bengaluru, Divya Rajagopal in Toronto; Editing by Shailesh Kuber, Louise Heavens and Alexander Smith)
