Barrick sells gold mine for $28.8M

BARRICK Gold and partner AngloGold Ashanti have concluded the sale of their interest in Morila Gold Ltd, which owns 80% of the Morila gold mine in Mali, to Firefinch Ltd for $28.8 million in cash.

Barrick sells gold mine for $28.8M Barrick sells gold mine for $28.8M Barrick sells gold mine for $28.8M Barrick sells gold mine for $28.8M Barrick sells gold mine for $28.8M

Morila gold mine in southern Mali

The state of Mali continues to hold the remaining 20%.
 
All Morila employees had been re-employed by Firefinch, said Barrick chief executive Mark Bristow.