CAPITAL MARKETS

Barrick, Strategic Minerals team up at Woolgar

BARRICK Gold Corp has joined Australian company Strategic Minerals Corp in the hunt for North Queensland gold with the two companies announcing a new farm-in agreement for the Woolgar project.

Brad Ricks

Under the agreement, Strategic Minerals will retain a 100% interest in the first 500,000oz of gold from any opencut mining to 100m from surface. Thereafter, any production to 100m will be split with Barrick...

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