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Barrick exits Ivory Coast with $305 million Tongon mine sale...
07 Oct, 2025 09:21 490 min read
Barrick Mining agreed to sell its interests in the Tongon gold mine in Côte d’Ivoire to Atlantic Group for up to $305 million. The sale is part of Barrick's strategic effort to streamline operations and enhance its financial position. The deal involves a cash payment of $192 million, including repayment of a $23 million shareholder loan. Proceeds from the sale will be used to strengthen Barrick’s balance sheet and support growth initiatives.... More