PRECIOUS METALS

Barrick sells half of 'iconic' Super Pit to Saracen

Saracen agrees to buy Barrick's 50% stake in the Super Pitfor US$750M

Kristie Batten*

Saracen will join Newmont Goldcorp as 50:50 owners of Super Pit operator Kalgoorlie Consolidated Gold Mines (KCGM), with Newmont to continue as manager. Saracen will fund the transaction via a fully...

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