{"id":3261,"date":"2013-09-24T21:55:30","date_gmt":"2013-09-24T21:55:30","guid":{"rendered":"http:\/\/juniorminingnews.com\/?p=3261"},"modified":"2013-09-24T21:55:30","modified_gmt":"2013-09-24T21:55:30","slug":"more-barrick-gold-divestments-expected","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=3261","title":{"rendered":"More Barrick Gold divestments expected"},"content":{"rendered":"<p><strong>By Alex L\u00e9tourneau<\/strong><br \/>\n<em>Kitco News<\/em><\/p>\n<figure id=\"attachment_437\" aria-describedby=\"caption-attachment-437\" style=\"width: 160px\" class=\"wp-caption alignright\"><a href=\"http:\/\/juniorminingnews.com\/wp-content\/uploads\/2012\/11\/jam-barrick.jpg\"><img decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-437\" alt=\"Jamie Sokalsky\" src=\"http:\/\/juniorminingnews.com\/wp-content\/uploads\/2012\/11\/jam-barrick.jpg\" width=\"160\" height=\"161\" data-id=\"437\" srcset=\"https:\/\/juniorminingnews.com\/wp-content\/uploads\/2012\/11\/jam-barrick.jpg 160w, https:\/\/juniorminingnews.com\/wp-content\/uploads\/2012\/11\/jam-barrick-150x150.jpg 150w\" sizes=\"(max-width: 160px) 100vw, 160px\" \/><\/a><figcaption id=\"caption-attachment-437\" class=\"wp-caption-text\">Jamie Sokalsky<\/figcaption><\/figure>\n<p>After Barrick Gold Corp\u2019s second-quarter conference, President and Chief Executive Officer Jamie Sokalsky said the company would look to divest assets, and he kept his word.<\/p>\n<p>The gold mining giant sold its Yilgarn South assets, which included the Granny Smith, Lawlers and Darlot mines in Australia, to Gold Fields Ltd. And, he told Kitco News at the Denver Gold Forum to expect more divestments.<\/p>\n<p>\u201cWe\u2019re looking at Australia for divestments there and a number of other assets we\u2019re looking to divest, and we\u2019re getting quite a few approaches from people interested in buying our assets,\u201d Sokalsky said. \u201cSo I\u2019m hopeful that we\u2019ll be able to optimize our portfolio a bit more.<\/p>\n<p>\u201cIt\u2019s not a fire sale, it\u2019s about changing the asset portfolio to be stronger and focus more on our core mines,\u201d he added. \u201cBut I\u2019m hopeful there is some further progress in our asset sales by the end of the year, or early next year.\u201d<\/p>\n<p><a href=\"http:\/\/www.kitco.com\/news\/2013-09-24\/KitcoNews20130924AL_More-Divestments-Expected-No-MA-On-The-Horizon-Barrick-CEO.html\" target=\"_blank\"><strong>Continue reading . . .<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>After Barrick Gold Corp\u2019s second-quarter conference, President and Chief Executive Officer Jamie Sokalsky said the company would look to divest assets.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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