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.

Enquiries:
   
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 barrick@dpapr.com
   
Website: www.Barrick.com