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Barrick Gold cuts dividend, to sell some U.S. non-core assets

Published 2015-08-05, 05:32 p/m
© Reuters. Barrick Gold cuts dividend, to sell some U.S. non-core assets
GOLD
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Aug 5 (Reuters) - Barrick Gold Corp ABX.TO reported a
narrower second-quarter loss on Wednesday but slashed its
dividend by 60 percent, reduced production and cost targets for
the year and said it would start a process to sell several of
its non-core U.S. gold assets.
Barrick, the world's biggest gold producer by ounces, said
it would, in the next few weeks, start a process to sell its
Bald Mountain, Round Mountain, Spring Valley, Ruby Hill, Hilltop
and Golden Sunlight assets.

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