Barrick announces sale of alturas project

All amounts expressed in u.s. dollars toronto, aug. 08, 2025 (globe newswire) -- barrick mining corporation (nyse:b)(tsx:abx) (“barrick” or the “company”) today announced that it has reached an agreement to sell the alturas project (the “project”) in chile to a subsidiary of boroo pte ltd (singapore) (“boroo”) for an up-front cash payment of $50 million. in addition, barrick will be granted a 0.5% net smelter return royalty on gold and silver produced from the project, which will terminate once 2 million ounces of gold and gold-equivalent have been produced.
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