Morning Briefing: CEO Changes at both Newmont and Barrick
Sep 29, 2025
This briefing covers leadership changes at Barrick and Newmont, sparking intrigue about their market impact. Sterling Metals uncovers a promising copper-gold zone in Ontario, while Golden Cross announces exciting drill results from Reedy Creek. Q2 Metals showcases impressive lithium intercepts at Cisco, and Nucor Gold boosts its funds through warrant exercises. Additionally, Rio2 takes a strategic 15% stake in Royal Road, signaling potential growth.
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insights INSIGHT
Simultaneous CEO Moves Are Significant
Barrick and Newmont announced major CEO changes on the same day, suggesting a potentially coordinated or consequential industry shift.
Trevor Hall flags the timing as notable and worth watching for follow-up developments.
insights INSIGHT
Barrick Names Interim CEO From Within
Barrick appointed Mark Hill as Group COO and interim president and CEO after Mark Bristow stepped down.
The move follows Bristow's nearly seven-year tenure since the Randgold merger in 2019.
insights INSIGHT
Newmont Announces Succession Plan
Newmont's CEO Tom Palmer is retiring and Natasha Viljuan will succeed him as President and COO.
This creates leadership change at another major gold producer the same day as Barrick's shakeup.
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We have management changes at both Barrick and Newmont this morning. Sterling Metals make a new discovery in Ontario. Golden Cross Resources published new drill results from Reedy Creek. Q2 Metals share latest from Cisco. Newcore Gold have new cash from warrant exercise. Rio2 takes a stake in Royal Road.
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