Harmony will consider Barrick’s Acacia stake

File photo: Petr Josek.

File photo: Petr Josek.

Published Aug 17, 2016

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Johannesburg - Harmony Gold's chief executive said on Wednesday that the South African gold producer, which plans to expand in Africa, could assess Barrick Gold's assets in Acacia.

Read also: Harmony to pay first dividend in three years

“We will look at it,” Peter Steenkamp told a media briefing after a results presentation.

Barrick Gold, the world's largest gold producer, is weighing a sale of its majority stake in African unit Acacia Mining and has approached several South African miners, according to sources familiar with the situation.

REUTERS

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