Barrick tasks Sebastiaan Bock to steer global operations outside of North America
TSX- and NYSE-listed Barrick Mining Corporation has appointed Sebastiaan Bock as CEO of "Rest of World" operations effective immediately.
Bock will lead Barrick's gold and copper operations outside of North America and will report to Barrick CEO and president Mark Hill.
Barrick's "Rest of World" portfolio includes copper and gold assets in Africa, the Middle East, Latin America and Asia Pacific, producing more than two-million gold-equivalent ounces every year. This portfolio is expected to grow by more than 20% over the next three years.
Outside North America, Barrick's Rest of World portfolio has a distinct advantage: its ability to work with Chinese partners, including joint mine ownership and co-investment, which can enable higher efficiency; broader access to advanced technologies, including those revolutionizing exploration, operations, processing, and information management; access to leading equipment suppliers and comprehensive and agile supply chain solutions; and partnership opportunities including shared infrastructure, resources, and solutions, to derisk and improve outcomes.
“Bock’s experiences and accomplishments are tailor-made for Barrick to build on this unique advantage,” Hill says, adding that Bock has experience across operations, finance, strategic planning, geopolitical issues, human resources, and risk management.
"He is the ideal person to grow our Rest of World business. He is a perfect example of Barrick’s deep and global bench, and the integrity and character of its leaders.”
Bock joined Barrick as senior VP and CFO for Africa and Middle East in January 2019, and was also appointed COO for the region in July 2022. Under his guidance, the region has met or exceeded guidance every year and achieved significant growth.
