22 Aug 2013
Clayton Utz supports Barrick Gold on US$300 million divestment of Yilgarn South assets
Sydney, 22 August 2013: Clayton Utz has provided strategic legal advice and support to global gold miner Barrick Gold Corporation ("Barrick") in connection with the divestment of its Yilgarn South assets in Western Australia to Gold Fields Limited, for a total consideration of US$300 million.
The Yilgarn South assets are comprised principally of the Granny Smith, Lawlers and Darlot mines. The agreement is subject to FIRB approval.
Clayton Utz has been a lead adviser to Canadian-based Barrick on all of its Australian corporate transactions in recent years.
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