Barrick Gold to take a $5.5-bn writedown on Pascua-Lama project in Chile

Barrick Gold Corp, the world’s biggest gold miner, is planning to take a $5.5-billion writedown on its mega Pascua-Lama project in the Andes after gold prices recently crashed to a three-year low.

Barrick Gold Corp, the world’s biggest gold miner, is planning to take a $5.5-billion writedown on its mega Pascua-Lama project in the Andes after gold prices recently crashed to a three-year low.

[via Domain-b M&A]

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