Barrick goes hostile on Newmont

BARRICK Gold president and CEO Mark Bristow has hailed its proposed nil-premium US$17.8 billion all share acquisition of rival Newmont Mining as an “unprecedented value creation opportunity for shareholders” that would capture “the missing billions".

Barrick goes hostile on Newmont Barrick goes hostile on Newmont Barrick goes hostile on Newmont Barrick goes hostile on Newmont Barrick goes hostile on Newmont

Mark Bristow has just done a whirlwind visit to Barrick properties but his focus on Newmont shows his interest lies in Nevada

The proposed transaction would deliver a company with eight tier one gold assets—with a possible ninth in Goldrush/Fourmile— total gold reserves of 141 million ounces and total gold

 

mining-news.min4.js