Barrick Announces Sale Of Stake In Donlin Gold Project
Reuters
04-22
April 22 (Reuters) - Barrick Gold Corp :: *BARRICK ANNOUNCES SALE OF STAKE IN DONLIN GOLD PROJECT FOR UP TO $1.1 BILLION *BARRICK GOLD CORP: PAULSON AND NOVAGOLD HAVE AGREED TO ACQUIRE 80 PERCENT AND 20 PERCENT, RESPECTIVELY *BARRICK GOLD: GRANTED NOVAGOLD OPTION TO PURCHASE OUTSTANDING DEBT OWED TO CO IN CONNECTION WITH DONLIN GOLD PROJECT UNDER SOME CONDITIONS *BARRICK GOLD: TO SELL 50% INTEREST IN DONLIN GOLD PROJECT IN ALASKA HELD BY BARRICK GOLD U.S. TO AFFILIATES OF PAULSON ADVISERS & NOVAGOLD RESOURCES