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BRIEF-Barrick Gold Corp Announces Reko Diq Arbitration Award

Published 2019-07-15, 07:11 a/m
Updated 2019-07-15, 07:20 a/m
© Reuters.  BRIEF-Barrick Gold Corp Announces Reko Diq Arbitration Award

July 15 (Reuters) - Barrick Gold Corp ABX.TO :

* BARRICK ANNOUNCES REKO DIQ ARBITRATION AWARD

* BARRICK GOLD CORP - ICSID HAS AWARDED $5.84 BILLION IN DAMAGES TO TETHYAN COPPER COMPANY PTY LIMITED

* BARRICK GOLD CORP - DAMAGES INCLUDE COMPENSATION OF $4.087 BILLION IN RELATION TO FAIR MARKET VALUE OF REKO DIQ PROJECT AT TIME MINING LEASE WAS DENIED

* BARRICK GOLD CORP - DAMAGES INCLUDE INTEREST UNTIL DATE OF AWARD OF $1.753 BILLION

* BARRICK GOLD CORP - DAMAGES INCLUDE COMPENSATION OF $4.087 BILLION IN RELATION TO FAIR MARKET VALUE OF REKO DIQ PROJECT AT TIME MINING LEASE WAS DENIED

* BARRICK GOLD CORP - DAMAGES INCLUDE INTEREST UNTIL DATE OF AWARD OF $1.753 BILLION.

* BARRICK GOLD CORP - ICSID AWARDED DAMAGES TO TETHYAN, A JOINT VENTURE HELD EQUALLY BY BARRICK AND ANTOFAGASTA PLC

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