- Barrick Gold (ABX) agrees to sell a 50% interest in its Zaldivar copper mine in Chile to Antofagasta (OTC:ANFGF) for ~$1B.
- ABX has been trying to sell the mine as it looks to pay down at least $3B of debt by the end of this year.
- The Zaldivar mine produced 222M lbs. of copper in 2014, while proven and probable copper reserves as of December 2014 were 5.56B lbs.