China's Shandong in advanced talks to buy 50% in Canadian mine

China's Shandong in advanced talks to buy 50% in Canadian mine

Barrick Gold Corp Chairman of the board John Thornton speaks during their annual general meeting for shareholders in Toronto, April 28, 2015. REUTERS/Mark Blinch

China’s Shandong Gold Mining Co Ltd is in advanced talks to buy a 50 percent stake in Barrick Gold Corp’s Veladero gold mine in Argentina, people familiar with the process told Reuters even as the Canadian miner grappled with a pipe rupture at the site.

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