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Barrick Unlocks Value From Hemlo Sale: Will It Support Capital Plans?
Barnes Barnes (US:B) ZACKS·2025-09-15 20:21

Key Takeaways Barrick divests its Hemlo mine to Carcetti Capital for up to 1.09B,including1.09B, including 875M in cash.The sale supports Barrick's balance sheet strength and shareholder returns.Divestments in 2025, including Donlin and Alturas, are expected to generate over 2BforBarrick.BarrickMiningCorporation(B)hasagreedtosellitsHemloGoldMineinCanadatoCarcettiCapitalCorp.forgrossproceedsofupto2B for Barrick.Barrick Mining Corporation (B) has agreed to sell its Hemlo Gold Mine in Canada to Carcetti Capital Corp. for gross proceeds of up to 1.09 billion, including an $875 million cash consideration. The divestment, which is expected to c ...