Buffett, Berkshire Hathaway investment decision is ‘ultimate privilege’: Barrick Gold CEO

Barrick Gold Corp. CEO Mark Bristow thinks the inaugural investment from Warren Buffett’s Berkshire Hathaway is a “significant step” for his gold mining firm and the field.

Berkshire announced a new  20.9 million-share stake in Barrick Gold, really worth $564 million. The expense, disclosed late Friday, presents Berkshire a 1.18% stake in Barrick and makes it the 11th largest shareholder.

“It’s the top privilege to have Berkshire Hathaway as an investor in one’s enterprise and some thing that I’ve been aspiring

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