nostr:nprofile1qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqvap2usgr7nawhqexfk247ap0nfs34jqpjrxqqslrkv3rrrx8aesst3mr8r
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-return 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 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.

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#IvoryCoast #Toronto #Canada #NorthAmerica #SouthAmerica #Africa #MiddleEast #Asia #LatinAmerica #CentralAsia #business
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