Barrick Gold looking at M&A, sees cheap assets

Tue Dec 2, 2008 12:20pm EST
 
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TORONTO, Dec 2 (Reuters) - Barrick Gold (ABX.TO) is looking at making acquisitions, but will be cautious in its approach, the company's chief financial officer said on Tuesday.

Speaking at an investment conference, CFO Jamie Sokalsky said valuations for both companies and projects have become exceptionally cheap.

"I think we're going to be looking at just about everything in the marketplace," he said in response to an audience question about the company's view on acquisitions. (Reporting by Cameron French; editing by Peter Galloway)

 
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