Barrick Announces Board Changes

Rhea-AI Summary

Barrick (NYSE:B) announced on November 26, 2025 that Ben van Beurden has stepped down as a director and as Lead Independent Director. Loreto Silva, an existing non-executive director, will succeed him as Lead Independent Director. The chairman said the board is focused on delivering long-term value and described the company as having industry-leading assets and a strengthened leadership team aligned on strategic priorities.

TORONTO, Nov. 26, 2025 (GLOBE NEWSWIRE) -- Barrick Mining Corporation (NYSE:B)(TSX:ABX) (“Barrick” or the “Company”) announced today that that Ben van Beurden has stepped down as a Director of the Board and Lead Independent Director. Loreto Silva, a current Non-Executive Director, will succeed as Lead Independent Director.

John Thornton, Chairman of the Board, said: “I would like to thank Ben for his contribution to Barrick and welcome Loreto to the role of Lead Independent Director. The Barrick Board remains focused on delivering long-term value for shareholders. The Company has industry-leading assets and a strengthened leadership team that is fully aligned on delivering our strategic priorities.”

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 projects 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
cleveland.rueckert@barrick.com

Media Contact
Brunswick Group
Carole Cable, +44 (0) 7974 982 458
barrick@brunswickgroup.com

FAQ

Who succeeded Ben van Beurden as Lead Independent Director at Barrick (B)?

Loreto Silva, a current non-executive director, succeeded Ben van Beurden as Lead Independent Director.

When did Barrick (B) announce the board change involving Ben van Beurden?

The company announced the board change on November 26, 2025.

Did Ben van Beurden resign from the Barrick (B) board entirely?

Yes. The company said Ben van Beurden stepped down as a director and as Lead Independent Director.

What did Barrick (B) say about its board and leadership after the change?

The chairman said the board remains focused on delivering long-term value and that the leadership team is strengthened and aligned on strategic priorities.

How might the November 26, 2025 board change affect Barrick (B) governance?

The announcement notes a leadership succession to the Lead Independent Director role, indicating continuity in board governance.