Barrick likely to divest of Acacia stake

September 7, 2016

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The world’s largest gold miner, Barrick Gold Corporation, was likely to divest of its 64% stake in gold miner Acacia Mining.

Acacia Mining CEO Brad Gordon said on the sidelines of the Africa Downunder conference that the company had been informed by Barrick Gold that it was considered to be ‘non core’ to the Barrick portfolio.

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