Barrick boss flies coach as top miner staves off junk rating

In his first interview since becoming sole president last month, Dushnisky said Barrick is 90% through a $3 billion debt-reduction plan and has had an ‘exceedingly high’ level of interest for its US assets up for sale. While eliminating dividends is unlikely, headcount will continue to shrink, he said. Senior management isn’t escaping the cost cuts with Dushnisky flying economy class from Toronto to the Denver Gold Forum on Sunday.

This post was published at Mineweb