Barrick Gold prepping sale of Zambian copper mine in H2 – sources

Barrick Gold, the world’s second largest bullion miner, is preparing its Zambian copper mine Lumwana for sale in the second half of 2019, looking to target Chinese buyers, three sources with knowledge of the matter said.

Fresh from two major deals in recent months, Barrick has said it plans to shed $1.5-billion of less productive mines, which have little expansion potential.