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Barrick Poised to Sell More Gold Mines as It Whittles Down Debt

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Barrick Gold Corp., nearing a deal for its Zaldivar copper mine, is likely to consider three other mines as leading candidates for sale as it works to cut the biggest debt in the gold industry.

Among the remaining non-core mining operations that Barrick would examine selling are its 50 percent stake in Australia’s Kalgoorlie mine, Canada’s Hemlo and Bald Mountain in Nevada, according to analysts and investment bankers.