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Barrick Gold Corp to purchase 70% stake in El Morro project for USD465m

Gold company Barrick Gold Corp (NYSE:ABX) (TSX:ABX) reported on Monday that the company has signed an agreement to acquire a 70% interest in the El Morro project from Xstrata Copper Chile SA, a wholly owned subsidiary of Xstrata plc, for a purchase price of USD465m in cash, subject to customary...  

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