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Barrick offloads stake in Russian gold miner

THE world’s second largest gold producer Barrick Gold Corporation has sold its entire holding in London AIM-listed Russian gold miner Highland Gold Mining for $US130 million ($A125 million).

MiningNews.Net
Barrick offloads stake in Russian gold miner

It sold its 20.4% shareholding, consisting of about 66.2 million ordinary shares at a price of £1.20 per share, to new and existing institutional shareholders of the group. HSBC Bank acted as...

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