Barrick CEO expects to raise $1.5bn in asset sales

Barrick Gold, which completed its acquisition of Randgold Resources at the beginning of the year, has identified $1.5-billion in assets the miner intends to sell, CEO Mark Bristow said.

“Our focus is realizing $1.5-billion through next year,” Bristow said Wednesday in an interview in Toronto. The assets will be sold once they are optimized enough to create sufficient value for shareholders, he said.