Legal & General Group Plc Boosts Barrick Mining Stake

Investment firm increases ownership in gold and copper producer by 6.5%

Mar. 13, 2026 at 9:55am

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Legal & General Group Plc, a major investment management firm, has increased its stake in Barrick Mining Corporation (NYSE:B, TSE:ABX) by 6.5% in the third quarter of 2025. The firm now owns 7,291,740 shares, or approximately 0.43% of the gold and copper producer's outstanding stock, worth an estimated $239.5 million.

Why it matters

Barrick Mining is one of the world's largest gold and copper producers, and institutional investors closely watch changes in major shareholders' positions. This increase by Legal & General suggests confidence in Barrick's long-term prospects, even as the company navigates a volatile commodity price environment.

The details

According to a 13F filing, Legal & General Group acquired an additional 445,376 shares of Barrick Mining in the third quarter. The investment firm now holds a total of 7,291,740 shares, up from 6,846,364 shares held previously. Barrick Mining's stock has seen significant price swings over the past year, trading between $17 and $54.69 per share.

  • Legal & General Group Plc increased its Barrick Mining stake in the 3rd quarter of 2025.

The players

Legal & General Group Plc

A major global investment management firm based in the United Kingdom.

Barrick Mining Corporation

A Toronto-headquartered mining company focused on the exploration, development, production and sale of gold and copper.

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The takeaway

This increase in ownership by a prominent institutional investor like Legal & General Group suggests ongoing confidence in Barrick Mining's long-term prospects, despite the volatility in commodity prices and the company's stock price.