- Barrick Gold (ABX) is looking to sell its Golden Sunlight mine in Montana, WSJ reports, continuing its two-year-long drive to shed non-core assets.
- The open-pit mine is one of ABX's smallest properties, producing 92K oz. of gold in 2013, and it has a relatively short shelf life, with ~192K oz. of gold left at the end of 2013.
- ABX's sale of non-core assets, launched in the summer of 2012 to boost profits and free cash flow, has raised more than $1B.
From other sites
at Nasdaq.com (Mon, 11:56AM)
at Nasdaq.com (Feb 24, 2015)
at Benzinga.com (Feb 23, 2015)
at Benzinga.com (Feb 19, 2015)
at CNBC.com (Jan 13, 2015)
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