News
11 September 2025

Barrick sells Hemlo for up to $1.09bn

In:
Metals and Mining
Region:
Americas

Barrick Mining has signed a definitive agreement to sell the Hemlo Gold Mine in Canada to Carcetti Capital, which will become Hemlo Mining upon completion. The deal values the transaction at up to $1.09 billion, comprising $875 million in cash on closing, $50 million in Hemlo Mining shares, and...

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