nostr:nprofile1qy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqgr8g2hyzql5lt4cxfjdj40hgtu6vydvsqvsesqy8canygcce3lwvyyapkyy
BARRICK EYES EXIT FROM IVORY COAST’S TONGON MINE IN $500 MILLION DEAL WITH CHINA’S ZIJIN

https://s.yimg.com/ny/api/res/1.2/EBeglyuSQq514805s2p8bg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02NDQ-/https://media.zenfs.com/en/insidermonkey.com/2fb6007f5bcc8370df102c7a229059f1
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✍️  Barrick Mining Corporation is considering selling its Tongon gold mine in Ivory Coast to China's Zijin Mining for up to $500 million, as part of its strategy to focus on higher-margin assets.
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👉 Barrick Mining Corporation is considering selling its Tongon gold mine in Ivory Coast to China's Zijin Mining for up to $500 million.
👉 The deal is subject to regulatory approval and would free up capital for Barrick to pursue higher-return opportunities.
👉 Barrick is focusing on assets with strong margins and long production horizons, particularly in copper and long-life gold projects.
👉 The company is shifting its emphasis from smaller, aging mines like Tongon to growth-oriented ventures in regions such as Latin America, North America, and Central Asia.

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#IvoryCoast #Toronto #Canada #China #LatinAmerica #NorthAmerica #CentralAsia #business
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