Barrick Gold said to be looking to sell copper mine; Sources say Lumwana Mine could be one of many sold by Barrick

摘要

FOLLOWING ITS acquisition of Randgold Resources and its merger in Nevada with Newmont Goldcorp, it appears that Barrick Gold Corp. may be starting the process of shedding its less productive mines. Reuters reported that Barrick is preparing to sell the Lumwana copper mine in Zambia. Barrick has said it plans to shed $1.5 billion of less productive mines, which have little expansion potential.