Barrick weighs UK listing for African assets in $30B tie-up with Endeavour

• •Hey everyone, Just read this article about Barrick potentially spinning off their African assets and linking up with Endeavour .
• •My initial thought was, "Here we go again!" Remember what happened with Acacia?
• •This move feels eerily similar.

Hey everyone,

Just read this article about Barrick potentially spinning off their African assets and linking up with Endeavour. My initial thought was, "Here we go again!" Remember what happened with Acacia? This move feels eerily similar. I've always had a soft spot for resource plays, especially gold, as a bit of a hedge for my retirement portfolio, but these kinds of corporate shuffles always give me pause. On one hand, a dedicated listing could unlock value for the African assets, and Endeavour has been pretty aggressive and successful in that region. But I’m also thinking about the complexities, potential dilution, and whether this really benefits long-term shareholders like myself, who’ve held Barrick for years through its ups and downs. My wife always gives me grief about my "mining stocks," saying they're too volatile, and moves like this sometimes prove her point!

What do you all think? Is this a smart strategic move for Barrick to streamline and focus, or is it just another way to try and juice the share price in the short term? I'm particularly interested if anyone has experience with these kinds of spin-offs in the mining sector. Did you see a bump in value, or did it just become another layer of complexity? I'm trying to decide if this warrants re-evaluating my position or if it’s just business as usual in the mining world. Always appreciate the collective wisdom here!