Carcetti Capital to acquire Hemlo Gold Mine from Barrick for $1.09bn.

Carcetti Capital, a private equity firm, agreed to acquire Hemlo Gold Mine from Barrick, a global mining company, for $1.09bn. “The sale of Hemlo at an attractive valuation marks the close of Barrick’s long and successful chapter at the mine and underscores our disciplined focus on building value through our Tier One gold and copper portfolio,” Mark Bristow, Barrick President and Chief Executive.