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Barrick selling idled Lagunas Norte mine in Peru

Winnipeg Free Press By: The Canadian Press Last Modified: 1:06 PM CST Tuesday, Feb. 16, 2021 TORONTO - Barrick Gold Corp. says it has struck a deal to sell its idled Lagunas Norte mine in Peru as part of an ongoing drive to off-load non-core assets. Barrick Gold Corporation logo is seen during the company s annual general meeting in Toronto on April 28, 2015. THE CANADIAN PRESS/Nathan Denette TORONTO - Barrick Gold Corp. says it has struck a deal to sell its idled Lagunas Norte mine in Peru as part of an ongoing drive to off-load non-core assets. The gold mine, which was placed on care and maintenance in 2019 as it neared its end of life, is being sold to Boroo Pte Ltd. of Singapore for up to US$81 million, plus the assumption of Barrick’s closure liability of US$226 million.

Mark bristowLagunas norteNathan denetteBarrick gold corporationBoroo pte ltdBarrick gold corpNathan denette barrick gold corporationBoroo pteCanadian pressWinnipeg newsWinnioeg newsWinnipeg free pressWpeg free pressகுறி பிரிஸ்டோலகுநச் நார்ட்பாரிக் தங்கம் நிறுவனம்

Barrick Gold strikes deal to sell idled Lagunas Norte gold mine in Peru

TORONTO Barrick Gold Corp. says it has struck a deal to sell its idled Lagunas Norte mine in Peru as part of an ongoing drive to off-load non-core assets. The gold mine, which was placed on care and maintenance in 2019 as it neared its end of life, is being sold to Boroo Pte Ltd. of Singapore for up to US$81 million, plus the assumption of Barrick’s closure liability of US$226 million. Barrick says the deal will give Boroo the opportunity to.

Mark bristowLagunas norteBoroo pte ltdBarrick gold corpBarrick goldBoroo pteCanadian pressகுறி பிரிஸ்டோலகுநச் நார்ட்பாரிக் தங்கம் கார்ப்பாரிக் தங்கம்கனடியன் ப்ரெஸ்

Barrick Gold to sell idled Lagunas Norte gold mine in Peru

Barrick Gold to sell idled Lagunas Norte gold mine in Peru The Canadian Press VIDEO SIGN OUT TORONTO Barrick Gold Corp. says it has struck a deal to sell its idled Lagunas Norte mine in Peru as part of an ongoing drive to off-load non-core assets. The gold mine, which was placed on care and maintenance in 2019 as it neared its end of life, is being sold to Boroo Pte Ltd. of Singapore for up to US$81 million, plus the assumption of Barrick s closure liability of US$226 million. Barrick says the deal will give Boroo the opportunity to extend the mine s life by accessing satellite resources and adapting its infrastructure, adding a Barrick team will remain in Peru to continue to develop its portfolio of other gold and copper exploration prospects there.

Mark bristowLagunas norteBoroo pte ltdToronto barrick gold corpBoroo pteகுறி பிரிஸ்டோலகுநச் நார்ட்டொராண்டோ பாரிக் தங்கம் கார்ப்

Barrick Gold strikes deal to sell idled Lagunas Norte gold mine in Peru

Barrick Gold strikes deal to sell idled Lagunas Norte gold mine in Peru
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Mark bristowLagunas norteBoroo pte ltdBarrick gold corpBarrick goldBoroo pteCanadian pressகுறி பிரிஸ்டோலகுநச் நார்ட்பாரிக் தங்கம் கார்ப்பாரிக் தங்கம்கனடியன் ப்ரெஸ்