Brief: Barrick Announces Sale Of Stake In Donlin Gold Project
22/04/2025 12:37
April 22 (Reuters) - Barrick Gold Corp ABX.TO: BARRICK ANNOUNCES SALE OF STAKE IN DONLIN GOLD PROJECT FOR UP TO $1.1 BILLION BARRICK GOLD CORP: PAULSON AND NOVAGOLD HAVE AGREED TO ACQUIRE 80 PERCENT AND 20 PERCENT, RESPECTIVELY BARRICK GOLD: GRANTED NOVAGOLD OPTION TO PURCHASE OUTSTANDING DEBT OWED TO CO IN CONNECTION WITH DONLIN GOLD PROJECT UNDER SOME CONDITIONS BARRICK GOLD: TO SELL 50% INTEREST IN DONLIN GOLD PROJECT IN ALASKA HELD BY BARRICK GOLD U.S. TO AFFILIATES OF PAULSON ADVISERS & NOVAGOLD RESOURCES Source text: ID:nGNX2SrlJx Further company coverage: ABX.TO
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