African Barrick Gold off the block

Canadian miner Barrick Gold has abandoned plans to sell its majority stake in London-listed African Barrick Gold (ABG) to a Chinese buyer.

Canadian miner Barrick Gold has abandoned plans to sell its majority stake in London-listed African Barrick Gold (ABG) to a Chinese buyer.

In August, Barrick announced it had entered into discussions with China National Gold Group Corporation to sell its 73.9% stake in ABG.

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