Barrick Mining Corporation (NYSE:B)(TSX:ABX) has announced that Robert Samek has been appointed to its Board of Directors and will join the Audit & Risk and Compensation committees.  

In addition, given the strong performance of the business under Mark Hill’s leadership, the Board has appointed him as President and CEO to lead the company through the planned IPO process of Barrick's North American gold assets and has elevated him to the Board as a Non-Independent Director. 

Samek, a Canadian national and former Senior Partner of McKinsey & Company, brings significant global experience in energy and materials.  

Over his thirty-one-year career at McKinsey, he held many senior leadership positions. From 2015 to 2018, he was Managing Partner of the Americas Mining and Metals / Basic Materials practice. From 2010 to 2023, he led the Public Sector practice in Canada, with a focus on natural resources, infrastructure and industrials. He also created and led major new global practice areas for McKinsey: one in AI for energy and mining (2016 to 2023); and another in Capital Projects (2009 to 2015). He was President of McKinsey & Company Canada from 2014 to 2023. 

“I want to welcome Rob to the Board. He brings exceptional industry knowledge and insights from his distinguished career as a senior adviser to some of the natural resource industry’s biggest companies,” John Thornton, Chairman of the Board said in a news release. “His insights and global perspective will be invaluable in helping drive Barrick’s strategy.” 

“The Board is pleased to welcome Mark Hill as a director. Mark brings the rigor and operational discipline to fully capitalize on Barrick’s world-class assets and capabilities, and to drive improved performance, growth and shareholder value. His deep operational knowledge and sector expertise will be invaluable as the Board oversees the Company’s next stage of development,” Thornton said.