African Barrick Looks at Opportunities to Diversify

Reuters reported that African Barrick Gold (LSE:ABG) said it is seeking to diversify its assets in Africa by making acquisitions.

As quoted in the market news:

Chief Executive Greg Hawkins, speaking at the Reuters Mining and Metals Summit on Tuesday, said the miner had looked at some 25 projects across Africa and signed at least 10 confidentiality agreements in the last 18 months – and was finally seeing the prospects for a deal improve.

Click here to read the full Reuters report.