25-02-2019 13:52 via saultonline.com

Barrick Gold proposes merger with rival Newmont Mining

TORONTO — Barrick Gold Corp. has made a formal merger offer for rival Newmont Mining Corp. in an all-stock deal that would combine two of the world’s largest gold producers. Barrick chief executive Mark Bristow said the proposed merger would unlock more than $7 billion of synergies due in large part to combining the companies’ […]
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