Barrick puts Superpit up for sale

Canadian gold major Barrick Gold has put its 50% stake in the Superpit gold mine, in Kalgoorlie, up for sale, with CEO Mark Bristow saying the company did not want to be a "passive investor" in its own assets. Bristow told shareholders during the company’s quarterly result presentation that the Superpit was the only asset within the Barrick portfolio that was not performing to expectation.