Africa adds risk to Barrick portfolio, but Bristow is positive – Fitch

The acquisition of mines in Africa through a merger with Randgold
Resources early this year, has raised the overall risk of
Toronto-headquartered Barrick Gold’s mining portfolio, but
analysts at Fitch Solutions believe that South African geologist
Mark Bristow, who has a track record of operating successfully in
difficult jurisdictions, will be able to pull it off. In a global
company strategy review focusing on Barrick Gold, Fitch said this
week that the mining major was stronger after the merger with
Africa-focused Randgold, despite having increased portfolio risk by
buying assets in a region that it previously withdrew from.
Source: FS – Mining B.
Africa adds risk to Barrick portfolio, but Bristow is positive – Fitch



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