Deals
Barrick Gold Said to Mull Options Including Stake Sale
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Barrick Gold Corp. has explored cash-raising options ranging from a strategic equity investment to a sale of part of its copper business during a months-long effort to cut debt, said people with knowledge of the matter.
The company also has examined the sale of part of its $8.5 billion Pascua-Lama mine on the Argentina-Chile border, said the people, who asked not to be named as the deliberations are private. Barrick has yet to settle on any options, and there’s no certainty a deal will occur, the people said.