MELBOURNE – Barrick Gold’s stake in the Kalgoorlie Super Pit mine has drawn interest from Kinross Gold and Zijin Mining Group in a sale that could fetch as much as $1-billion, people with knowledge of the matter said.
Australian producers Newcrest Mining, Northern Star Resources and Evolution Mining are also reviewing data on the mine ahead of possible indicative bids, which are due by the end of October, according to the people. Chinese companies including China National Gold Group and Shandong Gold Mining are also considering offers, the people said, asking not to be identified because the details are private.