According to CoinMeta, Barrick Mining ( NYSE : B) is preparing to carry out a major divestment of its gold assets. The " Ariel Focus Fund " second-quarter 2026 investor letter released by Ariel Investments shows that the fund achieved a return of 2.14% in the second quarter, failing to outperform the Russell 1000 Index and the S&P 500 Index, which rose by 13.87% and 15.20% respectively. The fund made profits in several positions, but sectors such as energy, consumer healthcare, and gold mining performed weaker. Looking ahead, Ariel Investments expects the global economy to grow moderately but unevenly, with ongoing geopolitical risks and persistent pressures from inflation and borrowing costs. Barrick Mining mentioned in the letter that despite facing macroeconomic headwinds, management still exceeded profit expectations and reiterated the annual guidance, emphasizing the long-term production prospects for gold and copper. The company also continues to emphasize shareholder returns through dividends and share repurchases, while advancing plans to divest its North American gold assets through IPO within the year.