Barrick Mining Completes Sale of Hemlo to Strengthen Balance Sheet
Key Takeaways B completed sales of the Hemlo Mine and Alturas Project, marking major non-core divestitures.The Hemlo deal totals 50M upfront and a 0.5% royalty, supporting balance-sheet strength and capital returns.Barrick Mining Corporation (B) successfully completed its divestiture of the Hemlo Gold Mine in Canada to Carcetti Capital Corp. The consideration totaled 875 million in cash, $50 million i ...