👉 Barrick Mining Corporation is considering selling its Tongon gold mine in Ivory Coast to China's Zijin Mining for up to $500 million.
👉 The sale is part of Barrick's strategy to focus on higher-return assets and streamline its portfolio.
👉 The Tongon gold mine is projected to cease operations by 2027 without major reinvestment.
👉 Barrick is shifting its focus to copper and long-life gold projects, with a target of raising copper output to 30% of its total production by 2029.