Barrick to Sell 2 More Australian Gold Mines

Gold Investing

Barrick Gold (TSX:ABX, NYSE:ABX) is discussing selling two more of its Australian gold mines, according to its CEO, The Globe and Mail reported.

Barrick Gold (TSX:ABX, NYSE:ABX) is discussing selling two more of its Australian gold mines, according to its CEO, The Globe and Mail reported.

As quoted in The Globe:

Jamie Sokalsky spoke at the Denver Gold Forum about the sale of two smaller operations in Australia, most likely the Plutonic and Kanowna operations in western Australia, according to the Bloomberg news agency.

The company agreed to sell three Australian mines last month to South Africa’s Gold Fields Ltd. — the Granny Smith, Lawlers and Darlot gold mines.

Click here for the full Globe and Mail story

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