All amounts expressed in US dollars
Barrick Gold Corporation (ABX)(ABX) (Barrick or the "company") today announced it has completed the divestiture of its Cowal mine in New South Wales, Australia to Evolution Mining for a total cash consideration of $550 million. Proceeds from the sale of Cowal will be used to repay debt.
"The sale of Cowal is consistent with the strategy we have outlined to create long-term value for our owners, and will make a significant contribution to our debt reduction target while further focusing the geographic footprint of our portfolio," said Co-President Kelvin Dushnisky.
CAUTIONA
Die ersten 550 Millionen zurSchuldentilgung sind da. |