Barrick Gold goes after Newmont to create mining giant

Barrick Gold goes after Newmont to create mining giant

Canada’s Barrick Gold offered to buy US rival Newmont Mining Corp for nearly $18 billion in stock on Monday. Deal-making in the gold industry is growing. Barrick bought Randgold Resources in a $6 billion deal last month, setting off a wave of deals including Newmont’s $10 billion deal for Canada’s Goldcorp.

KCooper
KCooper
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