NetworkNewsBreaks – Josemaria Resources Inc.’s
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Josemaria Resources (TSX: JOSE) (OTC: JOSMF), a natural resources company offering an advanced-stage copper-gold deposit project located in Argentina, has made the list of potential acquisitions Barrick Gold Corporation (NYSE: GOLD) (TSX: ABX) is considering, according to a “Dear Retail” article (https://nnw.fm/y84cr). According to the article, Barrick currently owns a copper mine in Zambia as well as interests in two additional projects, one in Chile and one in Saudi Arabia. However, Barrick’s copper output is relatively small and certainly “no match for copper giants like BHP, Glencore, Freeport-McMoran and Anglo American.” According to the article, titled “Why Barrick Gold (NYSE: GOLD) Could Acquire These Copper-Gold Projects,” Barrick Gold president and CEO Mark Bristow, who joined the company in early 2019, sees a tremendous value in copper. “As gold miners, we’re going to have to take on other assets, and copper is a good thing to own,” Bristow said earlier this year (https://nnw.fm/rLJgz). “It’s a fantastic asset and very strategic.”
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