The Globe and Mail reports in its Friday edition that Barrick Gold is reviewing the financial backing behind a $1.3-billion (U.S.) bid for its share of Australia's Kalgoorlie mine by Minjar Gold, a unit of Shanghai-listed Shandong Tyan Home. A Reuters dispatch to The Globe says Barrick, the world's largest gold producer, is studying the offer for the 50-per-cent interest to ensure Minjar has adequate resources and support to complete the transaction. Little-known Minjar has trumped offers by Australian, Chinese and Canadian companies for the asset. Newmont Mining, Barrick's joint venture partner at Kalgoorlie and mine operator, has said it was interested in buying the remaining stake, but price has been a sticking point. With the recent drop in gold prices under $1,200, it is uncertain if Minjar will continue to stand by its offer. Earlier this year, Minjar agreed to buy a small gold mine in Australia from Evolution Mining for $52-million (Australian). A trading halt on Shandong Tyan shares extended for a fourth session Thursday, after the company said Monday that it had an announcement pending. China's appetite for acquisitions in the metals and mining sector has gained alongside metals prices.