Barrick CEO Mark Bristow steps down raising questions over future of Pakistan’s Reko Diq project
Barrick Mining appointed veteran executive Mark Hill as interim president and CEO on Monday following the sudden resignation of Mark Bristow, who led the Canadian miner for nearly seven years after its merger with Randgold Resources.
Bristow, who became CEO in 2019 when Barrick acquired Randgold, oversaw the integration of the two companies and steered the miner through a period of significant portfolio reshaping and debt reduction.
“Disappointed to see him leave, he has been a fine leader,” said Peter Letko, of the Letko Brosseau investment fund, one of Barrick’s shareholders.
Bristow indicated in May he would stay in his current role until 2028, a timeline that would have allowed him to oversee the development of the company’s Reko Diq copper and gold project in Pakistan.
