Barrick says becoming debt-free within a decade is in reach

Barrick Gold Corp., the largest miner of the metal, could be free of debt within a decade on bullion-price gains, cost cuts and asset sales, president Kelvin Dushnisky said. The Toronto-based miner had about $9-billion in debt in the first quarter, down from a peak of $15.8-billion in the second quarter of 2013. Dushnisky said debt could fall to $5-billion in three years and zero within 10 years.