Barrick Gold Calls Off Sale of African Unit

Bloomberg reported that Barrick Gold Corp. has called off talks with China National Gold Group Corp without reaching an agreement to sell their African unit.

As quoted in the market report:

Barrick still sees “a lot of value” in the assets held by its African Barrick Gold Plc (ABG) subsidiary, Toronto-based Barrick’s Chief Executive Officer Jamie Sokalsky said today in a phone interview. Shares of African Barrick fell 21 percent in London.

To view the whole Bloomberg report, click here.

Get the Latest Gold Investing Stock Information

Get the latest information about companies associated with Gold Investing delivered directly to your inbox.

Gold Mine Development
Gold Production/Mining
Gold Project Generators
Gold Prospecting and Exploration
Gold Resource Definition/Pre Feasibility
Gold Resource Expansion/Feasibility Study/PEA
Other Companies

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.

Gold Outlook Report - Late 2017!

Get your FREE Updated Gold Outlook Report

Includes expert commentary, production numbers and gold stocks to keep an eye on.

Click here to get your free report!

Leave a Reply