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Nov 18, 2025 12:00 PM

Elliot Management Takes Stake In Barrick Mining — Stock Climbs

Activist hedge fund Elliott Management has acquired a substantial stake in Barrick Mining Corp. (NYSE:B), positioning itself among the company’s top 10 investors with a holding valued at a minimum of $700 million. 

Barrick stock is climbing. See the price action here. 

Elliott’s move is seen as a catalyst for potential change, especially following the miner’s recent promise to refocus on its lucrative North American assets and the sudden departure of CEO Mark Bristow in September, according to the Financial Times. 

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