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Daily Archives: Aug 7, 2016

Barrick Gold Corp shares are sinking this morning after warning of $3-billion writedown

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TORONTO – Barrick Gold Corp. shares were lower in pre-market trading, following its advance notice of a US$3-billion asset writedown. Barrick (TSX:ABX) says it will likely be recording the value of its stalled Pascua-Lama mining project on the border of Chile and Argentina and its Pueblo Viejo gold operation in Dominican Republic with a total of between US$1 billion and ...

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