Barrick Mining Corp.’s plan to spin out its North American gold assets into a separately listed company could unlock additional valuation upside, according to some analysts. In its quarterly earnings report, the senior gold producer announced that its board has authorized management to begin preparations for an initial public offering of a new entity that would hold the company’s stakes in Nevada Gold Mines, Pueblo Viejo, and the Fourmile gold discovery in Nevada. Barrick plans to retain a controlling interest in the new company following the transaction. Chief executive Mark Hill said the decision followed a ... (full story)