Norte Abierto Joint Venture is established comprised of two massive gold-copper assets, Cerro Casale & Caspiche, with Barrick and GoldCorp as 50/50 equal partners.
Barrick, Goldcorp Team Up to Develop One of World’s Largest Gold Deposits in Chile
Barrick Acquires 25% of Cerro Casale at $1.9-Billion Asset Valuation
TORONTO, March 31, 2010 — Barrick Gold Corporation (NYSE: ABX)(TSX: ABX) announced today that its acquisition of an additional 25% interest in the Cerro Casale Project in Chile from Kinross Gold for $474-million.