Goodman joined the Barrick board of directors in April 2014 as part of a move to bring new faces to the table and increase the number of independent directors.
He founded investment management firm Dundee Corp., which focused on real estate and infrastructure, energy, resources and agriculture.
Barrick chairman John Thornton thanked Goodman for his contributions during what he called a "transformative period for the company."
"We wish Ned great success and look forward to exploring opportunities to work together in the future," Thornton said in a statement.
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