Loading ...TORONTO/VANCOUVER – Barrick Gold Corp, the world’s largest gold producer, is weighing a sale of its majority stake in African unit Acacia Mining and has approached several South African miners, according to sources familiar with the situation.
The potential sale would be part of Barrick’s broader strategy of selling non-core assets to reduce its debt load. The Toronto-based company offloaded stakes in several mines last year.
http://www.miningweekly.com/article/barrick-gold-weighs-sale-of-19bn-acacia-stake-sources-2016-07-27