Deals
Highland Gold Drops to 20-Month Low as Barrick Sells at Discount
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Highland Gold Mining Ltd. plunged to a 20-month low in London trading after Barrick Gold Corp. sold its 20 percent stake in the gold miner part-owned by Russian billionaire Roman Abramovich at a discount.
Highland Gold slid as much as 9.7 percent to 118.75 pence, the lowest intraday price since August 2010. The shares traded at 125 pence as of 1:40 p.m. local time.