Canadian Barrick Gold Corporation, the world’s largest gold mining company, and Swiss Mineco AG are interested in taking over Cupru Min, the people, who wished to remain anonymous, told MEDIAFAX.
Cupru Min has a social share of RON24.18 million and is fully owned by the Economy Ministry. The ministry has tried to sell the company twice before, with no luck.
In 2010, Cupru Min has swung to a net profit of RON18.8 million, from a loss of roughly RON18 million a year earlier. The company reported total debts of RON71.5 million in December last year.