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).

Barrick Gold Corporation Sells Stake in Donlin Gold Project for $1 Billion

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.

BlockchainDetails
Contract Address0x0553B273B8eBf464Bd2a37C259F0eEBb3d70Fd71
Transaction ID0x61b06ed35924581af494ffbe66db5faa38e589acf864900dab3a232ed337443d
Account0xdBdE7c76e403a5923F3dD4F050Dbbf5c2077BB20
Chainpolygon-main
NewsRamp Digital FingerprintquipGPnR-e0a71751f13c6c0641c4410225493d92