Chief Executive Officer Mark Bristow said.“Our focus is realizing $1.5 billion through next year,” Bristow said Wednesday in an interview in Toronto. The assets will be sold once they are optimized enough to create sufficient value for shareholders, he said.a wave of asset sales in the wake of Barrick’s $5.4 billion acquisition of Randgold and a second mega-merger that created Newmont Goldcorp Corp.
The objective is for the sale process to be well advanced by mid-2020, Barrick said in its first-quarter earnings statement, its first results since its acquisition of Randgold was completed.
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