Elliott builds stake in gold miner Barrick

Financial TimesTuesday, November 18, 2025 at 9:22:22 AM
Elliott builds stake in gold miner Barrick
  • Elliott Management has built a significant stake in Barrick Gold, indicating a strategic interest in the gold mining sector. The activist investor believes that under new leadership, Barrick could potentially split into two distinct companies, which may lead to improved operational efficiency and focus.
  • This development is significant as it reflects Elliott's confidence in Barrick's prospects and suggests that a restructuring could unlock value for shareholders. A split could allow each entity to pursue tailored strategies, potentially enhancing performance and market competitiveness.
— via World Pulse Now AI Editorial System

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BofA upgrades Barrick on higher long term gold prices
PositiveFinancial Markets
Bank of America (BofA) has upgraded its rating for Barrick Gold, citing expectations of higher long-term gold prices. This positive outlook reflects BofA's confidence in the gold market's potential recovery and growth, which could benefit Barrick significantly.