Research (J&T BANKA)
Commodities  |  December 14, 2012 09:11:16

Barrick Gold is perhaps difficult to close the sale of its African division


According to yesterday's Financial Times may be close to selling Barrick Gold African Barrick, its African section. Barrick is on sale with African Barrick Gold and China according to yesterday's reports, the price could be L 5.2 per share, in which Barrick would receive about $ 2.5 billion for its 74% of the company. African Barrick is a long and painful parts of the company from the sale of Barrick promises reduce the average cost of production and obtain cash to reduce debt.

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