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Barrick Gold anticipates $5.5bn write-down

Ana Komnenic | June 29, 2013 | 12:05 am Precious Metals Canada Europe Latin America Gold 

Barrick Gold may take a $5.5 billion asset impairment charge for its Chilean Pascua-Lama project, the company announced on Friday. The miner estimates write-downs of between $4.5-$5.5 billion in its Q2 report due to plummeting metal prices. The company anticipates "significant" impairment...

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