New York, Jan 26, 2026, 05:34 (EST) — Premarket
- Barrick Mining (NYSE: B) climbed 3.6% in premarket, reaching $52.93.
- Gold surged past $5,100 an ounce, hitting a new record and giving miners a boost early Monday.
- Attention turns to the Fed on Jan. 28, with Barrick’s full-year results due Feb. 5.
Barrick Mining Corporation shares jumped 3.6% in premarket trading Monday, hitting $52.93 after closing at $51.08 on Friday. (Kraken)
Gold surged to a record above $5,100 an ounce, driving early gains as investors flocked to safe havens amid escalating geopolitical tensions. Kyle Rodda, senior market analyst at Capital.com, pointed to “this crisis of confidence in the U.S. administration and U.S. assets” as a major catalyst. (Reuters)
This week is packed with macro risks. The Federal Reserve holds its two-day policy meeting on Jan. 27-28. The rate statement drops at 2 p.m. ET Wednesday, followed by a press conference at 2:30 p.m., according to the central bank’s calendar. (Federal Reserve)
Barrick shareholders face a busy schedule. The company plans to report its full-year and fourth-quarter 2025 results before the market opens on Feb. 5. Later that morning, management will host a webcast and take questions from analysts. (Barrick)
That earnings report carries weight beyond just the figures. Barrick revealed it’s considering an initial public offering — a stock market debut — for a subsidiary that would house its North American gold assets, while Barrick plans to keep a controlling interest. (Barrick)
The setup isn’t simple. Documents obtained by Reuters reveal that any transaction involving Nevada Gold Mines would face limits due to partner Newmont’s rights, including a first-refusal clause if Barrick tries to sell its stake; Barrick holds 61.5% of the venture. (Reuters)
Traders frequently see Barrick as a way to leverage bets on gold since its price tends to outpace costs. When gold surges, margins expand rapidly. The stock tends to react in kind.
That leverage can work against miners too. A sudden jump in gold prices—or a stronger dollar combined with rising yields after the Fed’s move—can pressure mining stocks, even if their operations stay steady.
All eyes now on whether gold can stay above $5,000 when U.S. cash markets kick off, and how fast the early gap in miners faces a test.
The Fed decision on Jan. 28 is next. Investors will then turn to Barrick’s results and call on Feb. 5, looking closely for guidance and a clearer timeline on the North America IPO review.
