Shares in African Barrick Gold went down a mineshaft, losing a fifth of their value in one day, after talks failed to sell a majority stake in the London-listed miner to a Chinese group. In a press release, the company announced that state-owned China National Gold had ended talks to buy Canadian Barrick Gold’s 74% stake in African Barrick, which is Tanzania’s biggest gold producer.
See http://www.mining.com/african-barrick-gold-stock-tumbles-on-failed-deal-with-chinese-87235/?utm_source=digest-en-mining-130108&utm_medium=email&utm_campaign=digest.