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Barrick Gold to sell Ontario's Hemlo gold mine to Carcetti Capital for up to $1.1 billion.
Barrick Gold Corp. has agreed to sell its Hemlo gold mine in Ontario to Carcetti Capital for up to $1.1 billion.
The Hemlo mine, operational since 1989, is known for its high-grade gold production.
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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Barrick Gold venderá la mina de oro Hemlo de Ontario a Carcetti Capital por hasta 1,1 mil millones de dólares.