Barrick sells Donlin stake to Paulson, Novagold for $1B

Canada's Barrick Gold (TSX: ABX; NYSE GOLD) is exiting the Donlin Gold project in Alaska by selling its 50% stake for US$1 billion (C$1.38 billion) to hedge fund billionaire John Paulson and Novagold Resources (TSX: NG). Paulson Advisory is to...

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