December 15th, 2015

Barrick Completes Divestiture of its Interest in Kalgoorlie Consolidated Gold Mines

All amounts expressed in U.S. dollars

TORONTO, Nov. 28, 2019 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) ("Barrick" or the "Company") today announced it has completed the divestiture of its 50 percent interest in Kalgoorlie Consolidated Gold Mines ("KCGM") in Western Australia to Saracen Mineral Holdings Limited for a total cash consideration of $750 million.

Mark BristowKevin ThomsonKathy du Plessis
President and chief executive
Senior executive vice-president, strategic matters
Investor & media relations
+1 647 205 7694+1 416 307-5150+44 20 7557 7738
+44 788 071 1386

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