Barrick to sell Donlin Gold stake to Paulson, Novagold for $1B

Canada's Barrick Gold (NYSE:GOLD)(TSX:ABX) is exiting the Donlin Gold project in Alaska by selling its 50% stake for $1 billion to billionaire John Paulson and Novagold Resources (TSX: NG). Paulson Advisory LLC will acquire 80% of Barrick Gold's interest Dolin Gold, with Novagold...