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Barrick to buy back debt

With debt levels at the top of investors’ minds, Barrick Gold has moved to reduce its leverage through a buyback of outstanding notes.

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Barrick’s attempts to pay down debt has included the sale of a stake in the Zaldívar mine in Chile

Some US$750 million of notes, ranging from 2.5-6.95% with due dates from 2018 to 2023, could be purchased by Barrick, the company said.

As part of a strategy to reduce its $10.