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Actionable news in ABX: BARRICK GOLD Corp,

Barrick Signs on to Venezuela Gold Push as Oil Sinks Economy

  • World No. 1 gold miner signed letters of commitment for JV
  • Company plans to review information on mining opportunities

Barrick Gold Corp. agreed to form a joint venture in Venezuela, according to state television, as President Nicolas Maduro turns to mining as a way to boost one of the fastest-shrinking economies in the world.

The world’s biggest producer of the precious metal was among several companies to sign letters of commitment for gold-mining ventures during a ceremony held at the...