The Globe and Mail reports in its Monday, May 11, edition that Barrick Mining has been an underperformer in 2026 despite plans to spin off its North American assets into a new publicly traded company. The Globe's guest columnist Amber Kanwar writes that part of the issue could be that gold output is expected to fall for a fifth straight quarter when it reports Monday morning. Bullion prices have struggled since the war in Iran began, but are still much higher than last year. Barrick's inability to pump out production to capture high prices has dented the company. TD Cowen analyst Steven Green says, "We note that Barrick is now trading at a significant discount to Newmont, which we believe is unwarranted given Barrick's majority interest in Nevada Gold Mines and 100-per-cent ownership of Fourmile, which has significant upside potential in our view."