A sale of African Barrick would be a natural starting point for Barrick Gold (ABX +3.9%) CEO...

|About: Barrick Gold Corporation (ABX)|By:, SA News Editor

A sale of African Barrick would be a natural starting point for Barrick Gold (ABX +3.9%) CEO Jamie Sokalsky to keep his pledge to divest or defer assets which fail to generate target returns or impact long-term free cash flow. The African miner accounts for only 6%-7% of its parent’s annual output, producing ounces at well above the $550-$575 cost target.