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Super Pit sale stalls

Chinese company Minjar Gold is reportedly still seeking clearances and finance for its US$1.3 billion purchase of Barrick Gold’s (CN:ABX) 50% stake of the Super Pit gold mine in Western Australia.

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Barrick’s sale of its 50% stake in the Super Pit has stalled

People with knowledge of the matter told Bloomberg that Barrick remained interested in selling its stake to Minjar, which had substantially outbid other suitors.

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