Barrick Completes Sale of Alturas Project All amounts expressed in U.S. dollars
PRESS RELEASE
NYSE : B TSX : ABX
Barrick Completes Sale of Alturas Project
All amounts expressed in U.S. dollars
Toronto, November 7, 2025 – Barrick Mining Corporation (NYSE:B)(TSX:ABX) (“Barrick” or the
“Company”) announced today that it has completed the divestiture of the Alturas Project (the
“Project”) in Chile to Boroo Pt e. Ltd (Singapore) for an up -front cash payment of $50 million. In
addition, Barrick has been granted a 0.5% net smelter return royalty on gold and silver produced
from the Project, which will terminate once 2 million ounces of gold and gold-equivalent have been
produced. Boroo may repurchase the royalty within four years from closing for $10 million.
About Barrick Mining Corporation
Barrick is a leading global mining, exploration and development company. With one of the largest
portfolios of world-class and long-life gold and copper assets in the industry—including six of the
world’s Tier One gold mines —Barrick’s operations and projec ts span 18 countries and five
continents. Barrick is also the largest gold producer in the United States. We create real, long -
term value for all stakeholders through responsible mining, strong partnerships and a disciplined
approach to growth. Barrick shares trade on the New York Stock Exchange under the symbol ‘B’
and on the Toronto Stock Exchange under the symbol ‘ABX’.
Investor Relations Contact
Barrick Mining Corporation
Cleve Rueckert, +1 775 397 5443
Media Contact
Brunswick Group
Carole Cable, +44 (0) 7974 982 458