Story perspectives

Mark Bristow Ousted as Barrick CEO Amid Tensions

10/12/2025

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Summary

Story summary

Mark Bristow was ousted as CEO of Barrick Mining Corp. on September 29, 2025, after a board meeting on September 28, 2025.
The removal followed years of tension between Bristow and Barrick’s chairman John Thornton.
Thornton had handpicked Bristow in 2019, with their relationship deteriorating due to strategic disagreements and personality clashes.
Barrick promised cost savings from a joint venture with Newmont, but costs rose and production forecasts were unmet.

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Story summary

Mark Bristow was ousted as CEO of Barrick Mining Corp. on September 29, 2025, after a board meeting on September 28, 2025.
The removal followed years of tension between Bristow and Barrick’s chairman John Thornton.
Thornton had handpicked Bristow in 2019, with their relationship deteriorating due to strategic disagreements and personality clashes.
Barrick promised cost savings from a joint venture with Newmont, but costs rose and production forecasts were unmet.