Is Barrick Mining Corporation (NYSE:B) a buy in 2026?
Yes, on balance. The Compass leans toward accumulating Barrick Mining Corporation at current levels.
Name change to Barrick Mining was the tell. This is a copper story wearing a gold cape, and the market hasn't repriced it yet.
Where B is headed
By 2028, Barrick will not be a gold miner with a copper side hustle. It will be roughly a 50/50 producer of two metals the world cannot get enough of, run by a management team that already telegraphed the pivot when they dropped 'Gold' from the corporate name in May 2025. Reko Diq in Pakistan moves into first production in 2028 at planned 200,000 tonnes of copper annually in phase one, ramping to 400,000 tonnes by 2030. Lumwana's Super Pit expansion in Zambia takes copper output to 240,000 tonnes by 2028. Add the existing portfolio and Barrick is staring at copper revenue that rivals its gold book at prices that look nothing like today's.
Read the full Compass Direction on B
The complete destination call, the overlooked angle, milestones, and bull, base, and bear price scenarios (around $40.20).
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Frequently asked questions
Is Barrick Mining Corporation (NYSE:B) a buy in 2026?
Yes, on balance. The Compass leans toward accumulating Barrick Mining Corporation at current levels. Name change to Barrick Mining was the tell. This is a copper story wearing a gold cape, and the market hasn't repriced it yet.
What is B's Compass Score?
Barrick Mining Corporation scores 75/100 on Alexandria's Compass, placing it in the "Favorable" tier. Scores blend eight factors and update weekly.
What is the price target for B?
Alexandria's full Compass Direction includes bull, base, and bear price scenarios with the valuation math behind each. Read the full breakdown on the B page.
Compass verdicts are AI-generated, forward-looking editorial research from publicly available data, not investment advice or a recommendation regarding any security. Scores and verdicts update as the data changes.