https://www.engineeringnews.co.za

Barrick sells Skeena shares for C$132.5m

24th March 2022

By: Mariaan Webb

Creamer Media Contract Publishing Editor

     

Font size: - +

Bullion major Barrick Gold has entered into an agreement to sell its shares in Canadian precious metals developer Skeena Resources for C$132.5-million, it announced on Thursday.

A Canadian investment dealer would buy 8.83-million shares of Skeena from Barrick for resale on a bought-deal basis.

Barrick explained that it was selling its holding in Skeena for investment portfolio management.

Skeena’s primary activities are exploration and development of the past-producing Snip and Eskay Creek mines, both acquired from Barrick, and the past-producing Porter Idaho silver mine.

Edited by Creamer Media Reporter

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Astore Keymak
Astore Keymak

Astore Keymak is one of South Africa’s leading suppliers of high-quality Thermoplastic Pipeline Systems, with branches in the major provinces.

VISIT SHOWROOM 
Monitor Distributors
Monitor Distributors

We at Hawk High Pressure Pumps specialise in industrial pumps and pumping systems. Our high pressure washing equipment is locally manufactured and...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.05 1.145s - 140pq - 2rq
Subscribe Now