African Barrick faces suit over Tanzania deaths

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

Barrick Gold's (ABX -1.8%) African Barrick subsidiary is sued in a U.K. court by a group of Tanzanian villagers who allege the miner was complicit in the killing of six locals by police over the last three years as they looked for gold at or around the North Mara mine.

The news comes as ABX looks to sell its controlling 74% stake in African Barrick amid a declining gold price and high debt burden.