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Barrick Completes Sale of 50% Interest in the Donlin Gold Project
Globenewswireยท2025-06-03 22:02

Core Viewpoint - Barrick Mining Corporation has successfully divested its 50% interest in the Donlin Gold Project for $1 billion in cash, indicating a strategic shift in its investment portfolio [1]. Group 1: Company Actions - The divestiture involves the sale of Barrick's stake in the Donlin Gold Project located in Alaska [1]. - The transaction was completed with affiliates of Paulson Advisers LLC and NOVAGOLD Resources Inc. [1]. Group 2: Financial Details - The total cash received from the divestiture amounts to $1 billion [1].