RE: RE: One day closerMany thanks Yukon. The first opportunity to see and hear someone connected directly. It would be interesting to hear more about the Chinese interest since the November presentation.
On another related subject, it looks like Barrick today has increased awareness of mining in Tanzania by its announcement of a new spin-off company, African Barrick Gold:
"Barrick announced today the creation of African Barrick Gold, a newcompany whose equity it will seek to list with the United KingdomListing Authority and to admit to trading on the London Stock Exchange,subject to market conditions. ABG also intends to seek a future listingon the Dar es Salaam Stock Exchange in Tanzania. In each case, the newlisting will be subject to ABG fulfilling all of the listingrequirements of the London Stock Exchange and the Dar es Salaam StockExchange as applicable. African Barrick Gold will hold Barrick'sAfrican gold mines and exploration properties. ABG will offerapproximately 25%(12) of its equity in an IPO and Barrick will retainthe remaining interest. The pricing and terms are yet to be determined;however, the offering is expected to be priced in late March, withclosing expected to occur by the end of March. ABG is expected to havean initial cash balance of
.28 billion and the net offering proceedswill be paid to Barrick. This return of capital to Barrick is expectedto provide increased financial capacity to fund the Company's pipelineof development projects.
**
"[W]e expect that listing on the Dar es Salaam Stock Exchange will enhancethe profile of the new company in Tanzania and allow for localparticipation in this national champion." said Barrick's President andCEO, Aaron Regent."
"https://finance.yahoo.com/news/Barrick-Reports-Q4-2009-iw-555837711.html?x=0&.v=1
The company's website