Barrick Completes Sale of 50% Interest in the Donlin Gold Project
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Barrick Mining Corporation (NYSE:B) has successfully completed the sale of its 50% stake in the Donlin Gold Project, located in Alaska, to Paulson Advisers LLC and NOVAGOLD Resources Inc. The transaction, valued at $1 billion in cash, marks a significant divestiture for Barrick. The Donlin Gold Project, which was previously jointly owned by Barrick and NOVAGOLD, represents one of North America's largest known undeveloped gold deposits.
Barrick Mining Corporation (NYSE:B) ha completato con successo la vendita della sua partecipazione del 50% nel Progetto Donlin Gold, situato in Alaska, a Paulson Advisers LLC e NOVAGOLD Resources Inc. L'operazione, del valore di 1 miliardo di dollari in contanti, rappresenta una significativa dismissione per Barrick. Il Progetto Donlin Gold, precedentemente di proprietà congiunta di Barrick e NOVAGOLD, è uno dei più grandi giacimenti d'oro non sviluppati del Nord America.
Barrick Mining Corporation (NYSE:B) ha completado con éxito la venta de su participación del 50% en el Proyecto Donlin Gold, ubicado en Alaska, a Paulson Advisers LLC y NOVAGOLD Resources Inc. La transacción, valorada en 1.000 millones de dólares en efectivo, representa una desinversión significativa para Barrick. El Proyecto Donlin Gold, que anteriormente era propiedad conjunta de Barrick y NOVAGOLD, es uno de los mayores depósitos de oro sin desarrollar conocidos en Norteamérica.
Barrick Mining Corporation (NYSE:B)는 알래스카에 위치한 Donlin Gold 프로젝트에 대한 50% 지분을 Paulson Advisers LLC와 NOVAGOLD Resources Inc.에 성공적으로 매각했습니다. 이 거래는 현금 10억 달러 규모로, Barrick에게 중요한 자산 매각을 의미합니다. Donlin Gold 프로젝트는 이전에 Barrick과 NOVAGOLD가 공동 소유했으며, 북미에서 가장 큰 미개발 금 매장지 중 하나입니다.
Barrick Mining Corporation (NYSE:B) a finalisé avec succès la vente de sa participation de 50 % dans le projet Donlin Gold, situé en Alaska, à Paulson Advisers LLC et NOVAGOLD Resources Inc. La transaction, d'une valeur d'un milliard de dollars en espèces, constitue une cession importante pour Barrick. Le projet Donlin Gold, auparavant détenu conjointement par Barrick et NOVAGOLD, représente l'un des plus grands gisements d'or non exploités d'Amérique du Nord.
Die Barrick Mining Corporation (NYSE:B) hat erfolgreich den Verkauf ihres 50%-Anteils am Donlin Gold Projekt in Alaska an Paulson Advisers LLC und NOVAGOLD Resources Inc. abgeschlossen. Die Transaktion, die mit 1 Milliarde US-Dollar in bar bewertet wird, stellt eine bedeutende Desinvestition für Barrick dar. Das Donlin Gold Projekt, das zuvor gemeinsam von Barrick und NOVAGOLD gehalten wurde, zählt zu den größten bekannten, noch nicht erschlossenen Goldvorkommen Nordamerikas.
Positive
- Substantial cash injection of $1 billion strengthening Barrick's balance sheet
- Strategic divestment allows Barrick to focus on core assets and operations
- Clean exit from the project with immediate cash realization
Negative
- Loss of exposure to one of North America's largest undeveloped gold deposits
- Reduction in Barrick's gold project portfolio and future production potential
All amounts expressed in U.S. dollars
TORONTO, June 03, 2025 (GLOBE NEWSWIRE) -- Barrick Mining Corporation (NYSE:B) (TSX:ABX) announced today that it has completed the divestiture of its
Enquiries:
Investor and Media Relations
Kathy du Plessis
+44 20 7557 7738
Email: barrick@dpapr.com
Website: www.barrick.com
FAQ
How much did Barrick sell its Donlin Gold Project stake for?
Barrick sold its 50% stake in the Donlin Gold Project for $1 billion in cash
Who purchased Barrick's stake in the Donlin Gold Project?
Affiliates of Paulson Advisers LLC and NOVAGOLD Resources Inc. purchased Barrick's 50% stake
What percentage of the Donlin Gold Project did Barrick sell?
Barrick sold its entire 50% interest in the Donlin Gold Project
Where is the Donlin Gold Project located?
The Donlin Gold Project is located in Alaska
What impact will the sale have on Barrick's balance sheet?
The sale will provide Barrick with a $1 billion cash injection, strengthening its balance sheet
Barrick Mining Corporation
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