Canadian major Barrick Gold said on Thursday that it would not approve the mooted sale of Congolese parastatal Société Minière de Kilo-Moto’s (Sokimo’s) 10% interest in the Kibali gold mine to CSE-listed junior AJN Resources.
The major was responding to a recent press release issued by AJN Resources, which indicates that the company has entered into a memorandum of understanding with Sokimo to acquire several rights in the Democratic Republic of Congo, including its shareholding in Kibali Goldmines – the owner of the Kibali mine.