After appearing as a basket case for much of its early existence, African Barrick Gold plc is emerging from the negative perceptions thanks to a sustained turnaround in production, costs and development. When Barrick Gold spun out its Tanzanian assets into African Barrick Gold (ABG) in 2010, many analysts saw it as a way of the world's largest gold miner ridding itself of three troublesome assets wracked by under-performance and community issues. ABG's early solo performances did nothing to dispel that feeling but after a solid 2013, the company's newly installed chief executive, Australian Brad Gordon, said there was a growing confidence in the business.
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