Barrick Unlocks Value From Hemlo Sale: Will It Support Capital Plans?
Key Takeaways Barrick divests its Hemlo mine to Carcetti Capital for up to 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 1.09 billion, including an $875 million cash consideration. The divestment, which is expected to c ...