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Gordon confirms Acacia is ‘noncore’ to Barrick portfolio

By:  
Creamer Media Senior Deputy Editor: Australasia
 
GOLD
Africa-focused gold miner Acacia Mining expects to have a new major shareholder in the future, as CEO Brad Gordon confirms that Barrick Gold considers its 64% stake in the London-listed company as noncore. Speaking to journalists at the Africa Downunder conference in Perth, Gordon was unable to provide details on how Barrick’s possible divestments of its Acacia stake would happen, or what the timing of the sale would be.
 
 
 
 
 

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