13:25:42 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Barrick Gold Corp
Symbol ABX
Shares Issued 1,164,669,758
Close 2015-07-22 C$ 9.59
Market Cap C$ 11,169,182,979
Recent Sedar Documents

Barrick closes Cowal mine sale for $550-million (U.S.)

2015-07-23 17:15 ET - News Release

Mr. Kelvin Dushnisky reports

BARRICK COMPLETES DIVESTITURE OF COWAL MINE

Barrick Gold Corp. has completed the divestiture of its Cowal mine in New South Wales, Australia, to Evolution Mining for a total cash consideration of $550-million. Proceeds from the sale of Cowal will be used to repay debt. (All amounts are expressed in U.S. dollars.)

"The sale of Cowal is consistent with the strategy we have outlined to create long-term value for our owners, and will make a significant contribution to our debt reduction target while further focusing the geographic footprint of our portfolio," said co-president Kelvin Dushnisky.

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