Barrick makes move on NovaGold
Heavyweight wades in to break up feud between two Vancouver-based juniors, eyeing Alaska and British Columbia properties
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Last updated 7/30/2006 at Noon
In a significant, but not altogether surprising move, Toronto-based Barrick Gold has made a hostile takeover bid for Vancouver-based NovaGold Resources, the owner of several assets in Alaska and British Columbia. At the same time, Barrick and Vancouver-based Pioneer Metals announced an agreement for Barrick, the world's largest gold producer, to acquire Pioneer. The deals are all related becaus...
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