Barrick willing to Saudi Arabia’s fund buying stake in Reko Diq, Reuters says

Barrick Gold (GOLD) is open to bringing in Saudi Arabia’s wealth fund as one of its partners for its Reko Diq gold and copper mine in Pakistan, Divya Rajagopal of Reuters reports, citing an interview with Barrick CEO Mark Bristow. Bristow dismissed reports that the company was in talks with First Quantum Minerals (FQVLF). While Bristow said Barrick won’t be diluting its equity in the project, the company will “not mind” if Saudi Arabia’s Public Investment Fund wants to buy out the equity of the Pakistan government.