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Barrick Gold Corp. announced plans to change its name to Barrick Mining Corp. as it looks to continue to grow its copper business.
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The new moniker is subject to approval at the company’s upcoming annual and special meeting of shareholders set for May 6.
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Barrick chief executive Mark Bristow says the company’s vision is to be the world’s most valued gold and copper exploration, development and mining company.
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He says the new name better reflects Barrick’s current business and its mission to achieve sustainable and profitable gold and copper growth.
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The company also plans to change its ticker symbol on the New York Stock Exchange to B from GOLD.
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Barrick will continue to trade under the symbol ABX on the Toronto Stock Exchange.
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