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Barrick Gold sells Alaska mine stake to John Paulson, NovaGold for up to $1.1 billion(Reuters) -Canada's Barrick Gold said on Tuesday it will exit the Donlin gold Project in Alaska by selling its 50% stake to billionaire John Paulson and NovaGold Resources for up to $1.1 billion. The ...
Barrick Gold ABX-2.22%decrease; red down pointing triangle entered a deal to sell its stake in an Alaskan gold project for as much as $1.1 billion to affiliates of billionaire John Paulson’s ...
Barrick Gold Corp. is exiting an Alaskan mining project by selling its 50% stake to billionaire John Paulson and Novagold Resources Inc. for $1 billion. Barrick and Novagold announced the ...
Barrick Gold is pulling a classic move selling gold while it's hot. This week, the company announced it's offloading its 50% stake in Alaska's Donlin project to hedge fund billion ...
The agreement with Barrick would increase Novagold's stake in the project to 60%, with Paulson holding the remaining 40%.
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ICT News on MSNHow a billionaire’s bet on Donlin mine could inject new life into the huge, slow-moving Alaska gold projectA global mining giant is selling its 50 percent stake in Donlin Gold. One of the buyers is John Paulson, who made billions ...
Barrick Gold sells Alaska mine stake to John Paulson, NovaGold for up to $1.1 billion Canada's Barrick Gold said on Tuesday it will exit the Donlin gold Project in Alaska by selling its 50% stake ...
Barrick Gold (NYSE:GOLD) said Tuesday it agreed to sell its 50% stake in the Donlin Gold project in Alaska to affiliates of Paulson Advisers and NovaGold Resources (NG) for $1B in cash ...
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