Acacia Mining PLC ADR (ABGLY) - Grey Market
  • Jan. 8, 2013, 3:57 AM

    African Barrick Gold (ABGLF.PK) plummets 21% in London after parent company Barrick Gold (ABX) ends talks to sell the unit, in which it owns 74%, to state-owned China National Gold. Barrick Gold "will only proceed with opportunities that generate acceptable value," CEO Jamie Sokalsky said. African Barrick, which is worth $1.4B, will now conduct a review of its operations in order to improve returns. (PR)

    | Jan. 8, 2013, 3:57 AM
Company Description
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Industry: Steel & Iron