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Article

1 Apr 2015

Author:
Barrick Gold

Barrick Gold response to RAID rejoinder

I would be happy to clarify Barrick’s relationship with Acacia Mining. We understand Acacia is also planning to respond. As you note, in 2010, Acacia Mining (formerly African Barrick Gold) was created as a separate publicly-listed company, 74%-owned by Barrick. Today we have a 64% stake in Acacia, having sold a further 10% in 2014. Since its initial public offering in 2010, Acacia has made the transition to operating as an independent entity. The company is listed on the London Stock Exchange, has its own policies, its own management team, and an independent board of directors.

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