Barrick Mining Corporation

Lifecycle Milestones

1. Permit granted

   Reached — date not disclosed · Anchored to the 10-year Loulo-Gounkoto (Mali) permit renewal secured in early 2026, the most recent major permitting event in the current portfolio -- not a company-wide date across Barrick's full multi-mine, multi-decade history. [Task #697 chronology ruling, 2026-08-25] achievedDate cleared (was 2026-01-01). Task #696 flagged this as a permit dated 36 years after this miner's FIRST_PRODUCTION row. Both sides were placeholders, and this one was doubly so: the note above says it was "Anchored to the 10-year Loulo-Gounkoto (Mali) permit renewal secured in early 2026... not a company-wide date", so the value was (a) a RENEWAL rather than an original grant and (b) "early 2026" rendered as 1 January. Barrick's other three rows (CONSTRUCTION_DECISION, CONSTRUCTION_START, COMMERCIAL_PRODUCTION) already carry achievedDate=null with an explicit "no single company-wide date exists" hedge for a 17-country portfolio assembled over decades through the Randgold merger and the Nevada Gold Mines JV. This row now matches them. The Loulo-Gounkoto renewal research is preserved above. · Source
2. Construction decision (FID)

   Reached — date not disclosed · No single company-wide construction-decision date exists for a portfolio built up over decades plus the 2019 Barrick-Randgold merger. Row presence documents the general fact rather than a fabricated date. · Source
3. Construction start

   Reached — date not disclosed · Same caveat as CONSTRUCTION_DECISION -- Pueblo Viejo's recent expansion construction is the best-documented recent build, but a precise start date was not confirmed against a primary source this pass. · Source
4. First pour / production

   Reached — date not disclosed · Approximate -- Barrick's Nevada operations (the current Nevada Gold Mines complex) have been in continuous production since well before the 1990s; exact first-production date for the combined modern JV structure is not a single meaningful date. Row presence confirms current production status, which Q1 2026 results (260,000-290,000 oz guidance at Loulo-Gounkoto alone) directly evidence. [Task #697 chronology ruling, 2026-08-25] achievedDate cleared (was 1990-01-01). Paired with the PERMIT_GRANTED correction above. The note already called this "Approximate" and, unusually, argued against its own value -- "exact first-production date for the combined modern JV structure is not a single meaningful date" -- while also noting Nevada has produced "since well before the 1990s". A date the row itself says is not meaningful should not be the thing another rule is measured against. Now consistent with the company-wide null hedge on this miner's other rows; row presence and citation continue to evidence current production status. · Source
5. Commercial production

   Reached — date not disclosed · Genuinely reached, but no single company-wide commercial-production date exists across a global multi-mine portfolio (17 countries) assembled over decades through mergers (notably Randgold, 2019) and joint ventures (Nevada Gold Mines with Newmont) -- each asset (Loulo-Gounkoto, Kibali, Pueblo Viejo, Cortez/Goldrush, Turquoise Ridge, Hemlo, etc.) reached commercial production independently. Barrick reported Q2 2026 gold production of 796,000 ounces (up 11% over Q1, above guidance of 730,000-770,000 oz), confirming active, ongoing commercial gold production across the portfolio. This row was missing entirely prior to 2026-08-21 -- a genuine data gap (row presence is the signal per this model's doc comment), not a stage error; Miner.stage was already correctly PRODUCTION. Same pattern as AEM (see scripts/fix-aem-commercial-production-and-fcf-price-gaps.ts) and the other five gap tickers fixed in this same batch (NEM, AGI, EQX, BTG, AAUC). · Source

Milestones are recorded only from a company's own dated disclosure. A milestone with no date shown is one we can confirm was reached but for which no date was disclosed — we don't estimate one. "Not yet reached" means exactly that, not that a date is missing. An "Expected" line likewise only ever reflects the company's own guidance (e.g. a study or permit decision targeted for a stated quarter) — most not-yet-reached milestones have none, and that absence means no such guidance has been disclosed, not that one is overdue.

A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal the underlying research identifies — whether a major already holds a JV, earn-in, or 5–19.9% strategic stake — isn't tracked yet and is absent from this score.