financetom
Business
financetom
/
Business
/
Barrick Up 0.75% In US Premarket As Says Completed Sale of Alturas Project
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Barrick Up 0.75% In US Premarket As Says Completed Sale of Alturas Project
Nov 7, 2025 5:09 AM

07:37 AM EST, 11/07/2025 (MT Newswires) -- Barrick Mining Corporation ( B ) was at last look up 0.75% in US premarket trade as it announced Friday it has completed the divestiture of the Alturas Project in Chile to Boroo Pte. Ltd (Singapore) for an up-front cash payment of US$50 million. In addition, Barrick has been 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. Boroo may repurchase the royalty within four years from closing for $10 million.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Electron to Acquire Rhythmos.io to Help Utilities Expand Grid Capacity Affordably
Electron to Acquire Rhythmos.io to Help Utilities Expand Grid Capacity Affordably
Oct 21, 2025
Combined technologies bring grid-aware optimization to distributed energy resources, helping utilities expand capacity affordably Acquisition gives utilities tools to identify and value distributed resources, making it easier to justify investment decisions Electron expanding U.S. operations with Rhythmos technology after capturing the majority market share in U.K. flexibility markets NEW YORK--(BUSINESS WIRE)-- As electric vehicles (EVs), battery storage systems, and rooftop...
INVESTIGATION NOTICE: Girard Sharp Law Firm Encourages Former Mr. Cooper Group Inc. Investors Who Received Rocket Companies, Inc. Shares in Connection with Rocket’s Acquisition of Mr. Cooper in Octobe
INVESTIGATION NOTICE: Girard Sharp Law Firm Encourages Former Mr. Cooper Group Inc. Investors Who Received Rocket Companies, Inc. Shares in Connection with Rocket’s Acquisition of Mr. Cooper in Octobe
Oct 21, 2025
SAN FRANCISCO, Oct. 21, 2025 (GLOBE NEWSWIRE) -- Girard Sharp LLP, a national investment, securities, and consumer class action firm, is investigating potential securities claims on behalf of former investors of Mr. Cooper Group Inc. (“Mr. Cooper”) who received shares of Rocket Companies, Inc. ( RKT ) (“Rocket” or the “Company”) in connection with Rocket’s acquisition of Mr. Cooper on October...
Sophos Announces Latest Evolution of Its Security Operations Portfolio
Sophos Announces Latest Evolution of Its Security Operations Portfolio
Oct 21, 2025
OXFORD, United Kingdom, Oct. 21, 2025 (GLOBE NEWSWIRE) -- Sophos, a global leader of innovative security solutions for defeating cyberattacks, today announced significant enhancements to its Security Operations portfolio, already trusted by over 75,000 organizations worldwide via Sophos XDR and Sophos MDR offerings, marking a major milestone in its integration journey following the acquisition of Secureworks in February 2025.  In...
Form 8.3 - Unite Group Plc
Form 8.3 - Unite Group Plc
Oct 21, 2025
LONDON--(BUSINESS WIRE)--   FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION       (a) Full name of discloser: Massachusetts Financial Services Company   (b) Owner or controller of interests and short positions disclosed, if different from 1(a):...
Copyright 2023-2026 - www.financetom.com All Rights Reserved