Barrick Gold selling, shopping & negotiating huge retrofit
The world’s second-largest gold producer plans to sell about $1.5bn in assets, while looking for gold projects, and investing in copper assets
13 August 2019 - 16:57
Toronto/Hong Kong — Eight months into his job, Barrick Gold CEO Mark Bristow is shopping, selling and negotiating his way through a complex portfolio of assets in a massive retrofit of the global miner.
The CEO of the world’s second-largest gold producer is pushing ahead with plans to sell about $1.5bn in assets by the end of next year, while looking to buy more top-tier gold projects, in Canada and elsewhere, and invest in copper assets...
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