Barrick Gold, the Toronto-based company, would consider a joint venture with US competitor Newmont Mining in Nevada to reduce costs.
Barrick Gold, the world’s largest producer of the metal by sales, is in talks to sell more assets as it seeks to reduce operating costs and focus on its most efficient mines.
The company, which last month agreed to sell three Australian mines, is in talks about selling additional assets in the country, chief executive Jamie Sokalsky said at the Denver Gold Forum.
The Toronto-based company is mulling over the sale of other assets around the world and would consider a joint venture with US competitor Newmont Mining in Nevada to reduce costs.
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