CAPITAL MARKETS

Barrick Australian sale 'advanced'

BARRICK Gold has posted a hefty June quarter loss after recording $US8.7 billion ($A9.7 billion) in impairment charges and says the process to divest certain Australian assets is well advanced.

Kristie Batten
Barrick Australian sale 'advanced'

The company’s second-quarter net loss amounted to $8.56 billion, after adjusted net earnings of $663 million and operating cash flow of $896 million. The impairment charges were largely related to...

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