For Barrick Gold Corp., one of the world’s top bullion producers, the precious metal’s blistering rally to record prices is looking like a great opportunity to raise some cash as the company looks to pivot harder into copper mining.

Barrick Gold (NYSE:GOLD) is looking to sell the Hemlo gold mine in Ontario - its last mine in Canada - in a push to capitalize on record gold prices, Bloomberg reported Tuesday. The Hemlo mine produced 143K oz last year,

Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) (“Barrick”) today announced that it has reached an agreement to sell the 50 percent interest in the Donlin Gold Project in Alaska held by Barrick’s subsidiary Barrick Gold U.