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Teranga buys Barrick’s Massawa project in Senegal

/ Mine Development, Property Acquisition / By Magda Gardner

Barrick Gold is selling its 90% stake in the Massawa gold project in Senegal to Teranga Gold for US$300 million in cash, US$80 million worth of shares, and contingent payments linked to the gold price of up to US$50 million. The Massawa…

The post Teranga buys Barrick’s Massawa project in Senegal appeared first on Canadian Mining Journal.

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