Barrick Gold files $2 bln debt shelf offering in US

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Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

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mineonmoney

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Barrick Gold files $2 bln debt shelf offering in US

posted on May 31, 2008 05:52PM

Translation, here is hoping, wishing, to buy a few gold companies in South America with large reserve

WASHINGTON, May 30 (Reuters) - Barrick Gold Corp (ABX.TO: Quote, Profile, Research) on Friday said it may periodically sell up to $2 billion in debt securities.

The world's top gold producer said it plans to use the proceeds for debt repayment, subsidiaries, capital spending and investments, and other general corporate purposes, according to a shelf registration statement filed with the U.S. Securities and Exchange Commission. (Reporting by John Poirier, editing by Leslie Gevirtz)

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