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Barrick North America Picks Avathon for Five-Year Industrial AI Rollout

September 23, 2026 at 11:33 EDT

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Sales & Business

Barrick's North American business has selected Avathon's Autonomy Platform for a broad industrial AI rollout across its gold operations, tying predictive maintenance, safety monitoring and supply-chain intelligence to a planned public listing of the unit. The agreement is described as a five-year partnership that could produce $10 million to $20 million in annual sales for Avathon, or roughly 10% of the startup's expected revenue next year.

Sep. 23, 2026 · Barrick North America

Mining AI moves from pilot to contract

Barrick's North American business selected Avathon's Autonomy Platform for a broad industrial AI rollout tied to safety, maintenance, supply chain and mine planning.

years in the reported partnership

$10M-$20M

possible annual sales to Avathon

>$50M

recent Avathon annual recurring revenue

~200

AI models in the reported software stack

Avathon revenue step-up

Annual recurring revenue rose from about $15 million to more than $50 million.

$15Mlast year

>$50Mrecent ARR

Where the platform plugs in

Exploration

Geology and mine plans

→

Operations

Production and recovery

→

Reliability

Maintenance and supply chain

The adoption test is control

The rollout is framed as AI plus human intelligence: continuous analysis and recommendations, with mining professionals retaining operational judgment, accountability and control.

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