Barrick Mining Corporation appoints Mark Hill as group COO, interim president, and CEO following Mark Bristow’s departure. Hill, with 30 years of mining experience, led key projects and decisions, including the Fourmile gold project in Nevada. Barrick’s recent strong performance includes returning $6.7bn to shareholders and reducing net debt by $4bn.

The Board of Directors forms a committee to find a permanent president and CEO. Barrick Mining Chairman John Thornton praises Bristow’s leadership in strengthening the company’s portfolio and positioning it as a global producer of gold and copper. The board welcomes Hill’s appointment to ensure momentum and growth for the company.

In early September, Barrick Mining agreed to sell the Hemlo Gold Mine in Canada to Carcetti Capital Corporation for up to $1.09bn. This leadership transition and sale mark strategic moves for Barrick’s future growth and value creation.

Read more at Yahoo Finance: Barrick Mining appoints Mark Hill as interim CEO