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flag Barrick Gold to sell Ontario's Hemlo gold mine to Carcetti Capital for up to $1.1 billion.

flag Barrick Gold Corp. has agreed to sell its Hemlo gold mine in Ontario to Carcetti Capital for up to $1.1 billion. flag The Hemlo mine, operational since 1989, is known for its high-grade gold production. flag The sale, pending regulatory approvals, is set to close in the third quarter of 2021 and is part of Barrick's strategy to reduce debt and focus on core assets.

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