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Barrick completes Tongon gold mine divestiture in Côte d’Ivoire
Yahoo Finance· 2025-12-03 11:59
Barrick Mining has finalised the divestiture of its interests in the Tongon gold mine, along with selected exploration assets in Côte d’Ivoire, to Atlantic Group. The transaction, first disclosed on 6 October 2025, carries a total consideration of up to $305m. As part of the agreed transaction, Barrick will receive a cash payment of $192m from Atlantic Group. This sum includes a $23m repayment of a shareholder loan, which is scheduled to be paid within six months of the transaction’s closing. In additi ...