Country has also imposed fresh conditions to the miner, including the need of a plan to move its cracking and leaching facility overseas within four years of the licence renewal.
The Anglo American unit has gone unusually far this year in offering flexibility to its customers — allowing them to defer agreed purchases and lower the number of diamonds they plan to buy.
Rumours indicate that if Barrick doesn't find a suitable bidder, it would try to talk JV partner Newmont Goldcorp into a joint sale of the entire asset.