Barrick Gold sells stake in Chinese miner for $210m

Canadian gold major Barrick Gold has sold most of its shares in Chinese miner Shandong Gold, booking proceeds of $210-million.

The company sold 79 268 800 shares of Shandong Gold at a price of HK$20.50 a share – nearly double the HK$10.50 that it bought the shares for in 2018 .