PennyStockInvestor, that article you linked mentions African Barrick not Barrick Gold. African barrick is 75% owned by Barrick and owns no copper. Also the following excerpt from the same article sounds like it is more good news for the acquirer than for their targets, in that Barrick is looking for 1/2 off price sale:
>>Chief Executive Greg Hawkins, speaking at the Reuters Mining and Metals Summit on Tuesday, said the miner had looked at some 25 projects across Africa and signed at least 10 confidentiality agreements in the last 18 months - and was finally seeing the prospects for a deal improve.
"When we were looking a year ago, we thought the valuations were too steep... Now most of (the assets) we looked at a year ago are about half the price from where they were," Hawkins said at Reuters' office in London.
"That's brought a lot more things that we like much more into range... I think that landscape has improved dramatically in the last year with the pricing change."<<
