Barrick to sell Donlin gold project stake in Alaska
Barrick Gold is selling its 50% interest in the Donlin gold project in Alaska to its partner NovaGold Resources and Paulson Advisers for $1 billion in cash.NovaGold already holds the other half of the Donlin project. Once the deal is complete, NovaGold will own 60% and Paulson will hold a 40% stake...