Barrick Board Authorizes $3.0 Billion Share Repurchase

All amounts expressed in U.S. dollars TORONTO, May 11, 2026 (GLOBE NEWSWIRE) --  Barrick Mining Corporation (NYSE:B)(TSX:ABX) (“Barrick” or the “Company”) announced today that its Board of Directors has authorized the repurchase of up to $3.0 billion of the Company's outstanding common shares at prevailing market prices. Following solid execution and strong free cash flow, this authorization is intended to return cash to shareholders at a time when Barrick sees exceptional value in its own shares, particularly in anticipation of the planned IPO of North American Barrick.