18:21:48 EST Mon 03 Nov 2025
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Barrick Mining Corp
Symbol ABX
Shares Issued 1,705,993,790
Close 2025-09-29 C$ 46.12
Market Cap C$ 78,680,433,595
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Globe says Barrick parts company with egomaniacal CEO

2025-09-30 07:54 ET - In the News

The Globe and Mail reports in its Tuesday edition that Mark Bristow spent his six-plus years as chief executive officer at Barrick telling investors how smart he was, and how dumb his rivals were. The Globe's Andrew Willis writes that when smaller domestic players such as Agnico Eagle or Kinross paid up to acquire mines in stable jurisdictions, you could count on Mr. Bristow to sound off on the industry's record for value-destroying takeovers. Shortly before taking the helm at Barrick in 2019, the then-CEO of Randgold Resources told a conference, "The one thing this industry does very well is mine gold at a loss." The Australians have a slang expression for CEOs who are full of themselves, like the 66-year-old Mr. Bristow: figjam. It fits. If you are going to slag rivals while boasting about your own prowess, you better deliver. At Barrick, the South Africa-born Mr. Bristow failed to perform. Which is why the company announced his departure, effective immediately, early Monday. Barrick announced Mark Hill, who joined the company in 2006 and was running its Latin American and Asia Pacific operations, is the new group chief operating officer and interim president and CEO. Mr. Bristow earned $11.8-million (U.S.) last year.

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