Barrick to sell stake in Kalgoorlie mine

Barrick Gold (TSX: ABX; NYSE: GOLD) has agreed to sell its 50% interest in Kalgoorlie Consolidated Gold Mines (KCGM) in Western Australia to Saracen Mineral Holdings (ASX: SAR) for US$750 million in cash. KCGM owns and operates the Kalgoorlie mine, also...

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