Barrick seeks Chinese partners for Tanzania mines – Globe

Barrick Gold may slash 400 jobs and involve Chinese partners in its troubled Tanzania operations, executive chairperson John Thornton told the Globe and Mail newspaper. The Toronto-based company has slashed middle management by half to about 700 and “we want to get it down to 300", Thornton, who’s been in his role since 2014, told the Globe in an interview in London. The former Goldman Sachs Group executive wants a leaner, entrepreneurial partnership more like the early days under late founder Peter Munk, the Globe said.