Barrick Gold Corporation says it has noted media reports that the Congolese parastatal Société Minière de Kilo-Moto SA (SOKIMO) has signed a memorandum of understanding with AJN Resources to sell its 10% share in the Kibali gold mine to that company.

Barrick says SOKIMO is contractually bound by Barrick and its joint venture partner AngloGold Ashanti not to sell or otherwise transfer its shares in Kibali Goldmines SA, the owner of the Kibali gold mine, without their approval. The company says no such approval has been sought, nor will it be granted.

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