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Stock Market & Financial Investment News

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March 1, 2014
13:17 EDTABXBarrick Gold completes divestiture of Kanowna in Australia
Barrick Gold announced it has completed the divestiture of its interest in the Kanowna Belle and Kundana mine operations in Western Australia to Northern Star Resources for total cash consideration of A$75M, subject to certain closing adjustments. As part of its portfolio optimization program, since mid-2013 Barrick has announced divestitures of high cost and non-core assets for total consideration of almost $1B, strengthening the overall quality of the company's portfolio.
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