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Barrick Mining Corporation (NYSE: B, TSX: ABX), headquartered in Toronto, Canada, is one of the world's largest gold miners, with a growing copper business it now treats as a second core pillar — the company renamed itself from "Barrick Gold Corporation" in May 2025 specifically to signal that shift.
Group exposure score is 56 including 1 tracked subsidiary — standalone is 55.
Named counterparties identified by open-source research and written only where a primary source states the relationship — never inferred from sector or co-mention. 1 customer-side. This is a partial view: it covers the relationships we could evidence, not the company's full supply base.
Royal Gold's FY2025 10-K (SEC EDGAR): silver stream deliveries from Pueblo Viejo ~873,900 oz in FY2025 (859,900 oz FY2024); a further 801,100 oz deferred in 2025, 2.471 Moz deferred at 2025-12-31 under the deferral mechanism (fixed 70% recovery rate; deferral if recovery falls below 52.5%). Stream originates from the 2015-08-05 agreement: $610.0M advance for a stream on Barrick's 60% interest (silver 75% until 50.00 Moz delivered, then 37.5%; gold 7.5% until 990,000 oz, then 3.75%). Newmont (40% partner) is not a party. Stream ounces settle as refined-metal credits; the filing states no physical destination, so route is DO origin, destination unstated. The prior 2015 8-K exhibit URL returns 403 and was replaced with the live FY2025 10-K.
Scope. Absence of a counterparty here is not evidence that none exists — most commercial sourcing is confidential and never becomes public. Rows without a share figure mean no share was disclosed, not that the relationship is small.
This company sits on the supply side for 2 of its 2 materials — a restriction on those is a tailwind, not a headwind.
As a producer, policy pressure across its produced materials is flat.
Descriptive trend in official policy actions on this company’s materials — a policy-pressure trend, not a price or trading signal. No forward probability is implied. Direction is measured on actions we have discovered, and discovery lags events: where the recent window is too thin to support a calm reading, the row says coverage-limited instead of easing.
🇲🇱 ML accounts for 50% of severity-weighted pressure.