- Mark Bristow has resigned as president and CEO of Barrick Mining (TSX:ABX) after a nearly seven-year tenure
- Barrick is a top mining, exploration and development company operating six tier-one gold mines
- Barrick stock is up by 3 per cent on the news trading at C$49.50 as of 9:41 am ET
Mark Bristow has resigned as president and CEO of Barrick Mining (TSX:ABX) after a nearly seven-year tenure.
Bristow took on the roles in 2019, following Barrick’s merger with Randgold, managing to cut debt by US$4 billion and return US$6.7 billion to investors to date, while continually investing in long-term growth and profitability. The company posted higher year-over-year net earnings in Q2 2025.
Barrick’s board of directors has appointed Mark Hill as group chief operating officer and interim president and CEO as the search for a permanent appointee carries on.
Hill joined Barrick in 2006 and oversees the miner’s Latin American and Asia Pacific regions, bringing 30 years of global strategy, corporate development and major mining project experience to the table.
Management commentary
“On behalf of the board, I want to thank Mark for his leadership of Barrick,” John Thornton, Barrick Mining’s chairman of the board, said in Monday’s news release. “During his tenure, Mark strengthened our portfolio and helped position Barrick as a leading global producer of gold and copper. As a result, the company is well-positioned for the next phase of our growth and value creation for all shareholders. We wish Mark the very best for his future.”
“We are delighted to welcome Mark Hill as group COO and interim president and CEO. His caliber, experience and deep knowledge of the company will ensure we maintain momentum. The board is committed to both finding the right leader to fully capitalize on Barrick’s world-class assets and capabilities, and to driving improved performance, growth and shareholder value,” Thornton concluded.
About Barrick Mining
Barrick is a top mining, exploration and development company. Its portfolio spans 18 countries and five continents and includes six tier-one gold mines.
Barrick Mining stock (TSX:ABX) is up by 3 per cent on the news trading at C$49.50 as of 9:41 am ET.
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