CAPITAL MARKETS

Barrick to pay Inmet C$111 in damages

BARRICK Gold said it will pay Inmet Mining C$111 million in damages over the sale of the Troilus ...

Tim Treadgold

The commitment to pay ends a six-year legal stand-off. Courts in Canada have consistently supported claims by Inmet that Homestake Mining (acquired by Barrick in 2001) walked away from a 1997 deal to...

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