News
27 November 2025

Barrick sells Hemlo for up to $1.09bn

In:
Metals and Mining
Region:
Americas

Barrick Mining has completed the sale of its Hemlo Gold Mine in Canada to Carcetti Capital, which is set to be renamed Hemlo Mining, in a structured transaction totalling up to $1.09 billion. The total consideration includes $875 million in cash received at closing, $50 million in Hemlo Mining...

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