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Home / AP News / Barrick goes after Newmont to create $42 billion gold giant

Barrick goes after Newmont to create $42 billion gold giant

Barrick Gold will try to acquire Newmont Mining Corp. in an approximately $18 billion all-stock deal that would create a mining behemoth worth about $42 billion. Colorado's Newmont has rejected any talk of a buyout from the Canadian miner so far and the unsolicited bid from its fierce rival appears likely to become hostile. On Monday, ...

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