North of 60 Mining News - The mining newspaper for Alaska and Canada's North

By Shane Lasley
Mining News 

Barrick makes aggressive bid for Newmont

Says merger is long overdue transformative shift; Newmont left perplexed by hostile, negative offer by rival gold miner North of 60 Mining News – March 1, 2019

 

Last updated 9/25/2020 at 2:13pm

Barrick Gold CEO Randgold Resources

Mark Bristow

Following last year's merger with Randgold Resources, Barrick Gold Corp. has now made an offer to acquire Newmont Mining Corp., a deal that would merge the world's two largest gold mining companies into a behemoth valued at around US$42 billion based on the current market capitalization of the two gold producers.

The combined company would also have 141 million ounces of gold in reserves and 27...



For access to this article please sign in or subscribe.

 

Reader Comments(0)

 
 

Our Family of Publications Includes:

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2021

Rendered 09/18/2021 16:31