Barrick Mining Corp.’s board has authorized the repurchase of as much as $3 billion of its shares, as the world’s third-largest gold producer woos investors before spinning off its North American assets later this year.
Work on the initial public offering of Navoi Mining & Metallurgical Co. has been paused, according to people familiar with the matter, as the Uzbek government weighs the right moment to list one of the world’s largest gold miners.