12:09 PM EST - Barrick Gold Corp. : said on Thursday it will pay $1.70 billion to buy out Rio Tinto's 40 percent stake in their Cortez joint venture in Nevada, giving Barrick full ownership of the potential million-ounce-a-year gold-mining project. Barrick Gold Corp.
shares T.ABX are trading up $1.34 at $52.16.
