$ABX

Simply Wall St says Barrick Mining will receive US$1.95 billion from Newmont as part of an expanded Nevada Gold Mines settlement. The agreement brings Barrick’s Fourmile and Newmont’s Fiberline and Mike projects into the joint venture, with updated governance and resolution of outstanding disputes. Investors are to watch Barrick’s planned IPO of North American gold assets.

Abacus Global Management, Inc. (NYSE: ABX) said its board authorized a new $100 million share repurchase program starting Aug. 17, 2026. The company plans to fund it via free cash flow, balance sheet transaction proceeds, and cash on hand. It cited alignment with its capital allocation framework and noted about $80 million repurchased since Dec. 2025.

Abacus Global Management (ABX) reported Q2 2026 revenue of $73.0 million, up 30% year over year, driven by Life Solutions. Adjusted net income was $27.1 million (+24%) and adjusted EPS $0.28 (+22%). Adjusted EBITDA was $39.9 million with a 54.7% margin. The company reiterated full-year guidance of $100 million to $106 million adjusted net income and $1.00 to $1.05 EPS.

Abacus Global Management (NYSE: ABX) said its board authorized a $100 million share repurchase program starting Aug. 17, 2026, running until May 6, 2028. Purchases may be made in open market or negotiated transactions, including accelerated repurchases and Rule 10b5-1 plans. The company cited about $80 million repurchased under prior programs since Dec. 2023.

Barrick Mining (ABX) appointed Sebastiaan Bock as CEO of its newly created “rest of world” division, overseeing Africa, Middle East, Latin America and Asia Pacific mines. Bock joined Barrick in 2019 after its Randgold acquisition and previously served as CFO and COO for Africa and the Middle East. The article also notes Barrick’s North America spin-out plans and a reworked Nevada Gold Mines pact with Newmont.

Barrick Mining named Sebastiaan Bock to lead its Rest of World division, overseeing international gold and copper operations in Africa, the Middle East, Latin America and Asia Pacific. Barrick said the unit produces over 2 million gold-equivalent ounces annually and expects output to rise more than 20% over three years. The appointment follows a settlement with Newmont: $1.95 billion cash and consent to Barrick’s planned North America IPO by year-end.

Barrick Mining named Sebastiaan Bock to lead its Rest of World division, overseeing gold and copper operations across Africa, the Middle East, Latin America and Asia Pacific producing over 2 million gold-equivalent ounces annually. Barrick expects Rest of World output to rise more than 20% over three years. The appointment follows a $1.95 billion settlement with Newmont enabling a North America IPO by year-end.

Barrick Mining ABX-T appointed Sebastiaan Bock CEO of its Rest of World division, overseeing gold and copper operations outside North America, effective immediately. The role covers Africa, the Middle East, Latin America and Asia Pacific, producing over 2 million gold-equivalent ounces annually. Separately, Barrick settled with Newmont over Nevada Gold Mines, with Newmont paying $1.95 billion and consenting to Barrick’s North American IPO.

Barrick Mining Corporation appointed Sebastiaan Bock as CEO, Rest of World, effective immediately. He will lead Barrick’s gold and copper operations and projects outside North America and report to Mark Hill. Barrick said the Rest of World portfolio produces over 2 million gold equivalent ounces annually and is expected to grow more than 20% over three years.

Barrick Mining Corporation appointed Sebastiaan Bock CEO, Rest of World, effective immediately. He will lead Barrick’s gold and copper operations and projects outside North America and report to CEO Mark Hill. Barrick said the rest-of-world portfolio produces over 2 million gold equivalent ounces annually and is expected to grow more than 20% over three years.