Barrick gets a little more cash

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sculpin

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Barrick gets a little more cash

posted on Apr 26, 2012 08:17PM

I see Barrick is adding a little bit of cash to its treasury, but in a way that may affect its reserves? I don,t know all the particulars of why they sold this, but will guess its part of a restructuring, whereas I believe they will replenish elsewhere. I noticed them do this type of transaction at least once before in the last 12 months, I believe.

http://www.themoscowtimes.com/business/article/barrick-sells-highland-stake/457663.html

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