Drill and Deal

Deals / Carcetti Capital (Hemlo Mining Corp) – Hemlo mine, from Barrick

Gold · announced 10 September 2025 · completed

Carcetti Capital (Hemlo Mining Corp) – Hemlo mine, from Barrick

A new company funded the purchase partly with a gold stream; the deal closed in November 2025.

Acquirer
Carcetti Capital (Hemlo Mining Corp)
Target
Hemlo mine, from Barrick
Announced
Metal
Gold
Announced value
up to $1.09bn
Structure
Cash, shares and price-linked payments, backed by a stream
Status
Completed