Barrick Mining Finalizes Sale of 50% Stake in Donlin Gold Project for $1 Billion

Reuters

04 Jun

Barrick Mining Finalizes Sale of 50% Stake in Donlin Gold Project for $1 Billion

Barrick Mining Corporation has announced the completion of its divestiture of a 50% interest in the Donlin Gold Project located in Alaska. The interest was sold to affiliates of Paulson Advisers LLC and NOVAGOLD Resources Inc. for a total of $1 billion in cash. The announcement was made on June 3, 2025, marking a significant update in Barrick's strategic operations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Barrick Mining Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9462868-en) on June 03, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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