Newmont Mining board rejects Barrick takeover offer, proposes joint venture

TORONTO — The board of directors of Newmont Mining Corp. has unanimously rejected a hostile takeover offer from Barrick Gold Corp. and countered with a proposal of its own. The board says the unsolicited, all-stock proposal is not in the best interests of Newmont’s shareholders. Instead, Newmont, which is in the midst of acquiring Vancouver-based gold miner […]