Skip to content.
Updated at 9:05 am on 18 August 2012
China National Gold has held preliminary talks over buying a stake in African Barrick Gold, one of the largest gold miners in Africa.
Barrick Gold, the parent of ABG, said the talks were at an "early stage".
African Barrack has large reserves and last year produced almost 688,000 ounces of gold. However, the BBC reports that was down from 701,000 ounces in 2010 and 716,000 ounces the year before.
At the same time, its production costs have risen.
The company has also been hurt by power cuts and fuel thefts. As a result, its shares have fallen almost 30% in the past year.
Copyright © 2012, Radio New Zealand
Audio is categorised based on the frequency of the programme it was heard in. Click on the headings below to access the programmes. For the most recently published audio, go to the latest audio page.
Streams are in Windows Media format. Mac and Linux users may need to install additional software. Get help with audio
A selection of music interviews, reviews, videos, concerts, sessions, and performances.
Downloads and podcasts are available for selected programmes. Our podcast page has a complete list of feeds.
Help on using online audio: formats, software, podcasts, downloading, and troubleshooting.