Barrick Gold CEO confident it will beat $1.5bn asset-sale target
The company has roughly $450m in sales to go to reach the $1.5bn mark, but expects to sell more than that in 2020
12 February 2020 - 18:40
Toronto— Barrick Gold, the world’s second-largest producer of the metal, will exceed its target of selling $1.5bn in assets by the end of 2020, CEO Mark Bristow said on Wednesday.
“We’re going to beat it,” Bristow said Wednesday in an interview following the release of the miner’s fourth-quarter earnings. “We still have some work to tidy up the portfolio.”..
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.