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Asset sales a top-tier priority for New Barrick

As the global gold sector’s mega-merger of Barrick Gold and Randgold Resources draws nearer to completion, attention is turning to what the enlarged company will look like.

Asset sales a top-tier priority for New Barrick Asset sales a top-tier priority for New Barrick Asset sales a top-tier priority for New Barrick Asset sales a top-tier priority for New Barrick Asset sales a top-tier priority for New Barrick

What's for sale and who might be buying? Modified image: iStock/JohnnyH5

Current Randgold CEO and soon-to-be Barrick boss Mark Bristow has outlined asset sales as one of the top priorities following the merger.

The driving force behind the deal was the desire to control a larger portion of the world's tier one gold assets.

Barrick defines a tier one asset as producing more than 500,000 ounces of gold per annum at costs at the lower end of the curve with a mine life of more than 10 years.

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