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RHJ
Barrick Gold (NYSE:GOLD) disputed a report Thursday a couple of latest assembly between considered one of miner’s executives and officers at First Quantum Minerals (OTCPK:FQVLF) in Panama.
The Globe and Mail had reported that Juana Barceló, president of Barrick’s (GOLD) Pueblo Viejo operations within the Dominican Republic, was in Panama lately and met with First Quantum (OTCPK:FQVLF) officers, citing a former advisor with the Panamanian authorities because the supply.
In response, a Barrick (GOLD) spokesperson advised the Globe and Mail that Barceló was final in Panama in early 2023 for a mining convention, and he or she has not been in touch with anybody from First Quantum (OTCPK:FQVLF).
Bloomberg and The Globe and Mail have each reported lately that Barrick (GOLD) approached the First Quantum (OTCPK:FQVLF) late final yr to gauge its curiosity in being acquired.
The Canadian copper miner stated earlier this week it’s contemplating the sale of some smaller mines, and doubtlessly promoting stakes in bigger operations, because it makes an attempt to mitigate the monetary harm from the closure of its big Cobre Panama mine.
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