Barrick to spend about $2 billion on Nevada, Peru projects

February 22, 2016 2:08 PM

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Barrick to spend about $2 billion on Nevada, Peru projects

Barrick Gold Corp (ABX.TO) (ABX.N), the world's largest gold miner, said it would spend a total of about $2 billion on projects in Nevada and Peru for construction starting 2019.

The miner also said it would redeem up to $750 million in notes to help cut debt by at least $2 billion this year.

Also read: One CEO Got Paid $46 Million in a Month, but the Rest of the Year Is a Mystery

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