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Barrick could sell some of Acacia's operations after takeover - CEO

19th July 2019

By: Reuters

  

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LONDON – Barrick Gold could sell some mining assets owned by Acacia Mining after it gains full control of its African unit, chief executive Mark Bristow told Reuters.

"We will... get these businesses back on track and depending on what they look like after they are in a reasonable form, we will again look to see if there is a better home for some of the assets that might not fit the Barrick investment filter," he said.

Barrick on Friday struck a deal to buy out fellow shareholders in Acacia after raising its offer.

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Edited by Reuters

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