Blockchain Registration Transaction Record
Barrick Gold Corporation Sells Stake in Donlin Gold Project for $1 Billion
Barrick Gold Corporation announces the sale of its 50% stake in the Donlin Gold Project for $1 billion in cash to affiliates of NOVAGOLD Resources Inc. and Paulson Advisers LLC. This transaction highlights the value of undeveloped gold deposits and impacts companies like Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM).

This news matters as it signifies a significant transaction in the gold mining industry, showcasing the value of undeveloped gold deposits and the strategic moves of key players in the market. Investors and stakeholders in the mining sector should take note of the implications of such deals on the industry landscape and future developments.
Blockchain | Details |
---|---|
Contract Address | 0x0553B273B8eBf464Bd2a37C259F0eEBb3d70Fd71 |
Transaction ID | 0x61b06ed35924581af494ffbe66db5faa38e589acf864900dab3a232ed337443d |
Account | 0xdBdE7c76e403a5923F3dD4F050Dbbf5c2077BB20 |
Chain | polygon-main |
NewsRamp Digital Fingerprint | quipGPnR-e0a71751f13c6c0641c4410225493d92 |