Barrick (ABX) Buying Randgold (GOLD) for $18.3-B Forming Giant Global Gold Miner

The gold industry has a new king......»»

Canadian mining giant Barrick Gold has bought Africa-focused rival Randgold Resources to create a global industry champion worth $18.3 billion, the pair said on Monday. The blockbuster all-share deal.....»»

The deal will create a $19.2 billion giant. The Canadian miner also bolstered its cooperation with the Chinese Shandong Gold GroupRelated Stocks: ABX, NEM, GOLD,.....»»

Canadian miner Barrick Gold Corp said on Monday it had offered to buy U.S. rival Newmont Mining Corp in an all-stock deal that would create a global gold mining giant......»»

Canadian miner Barrick Gold Corp reported a nearly 55% rise in quarterly adjusted profit on Wednesday, benefiting from a surge in gold prices fueled by concerns over global economic growth......»»

Barrack shareholders will own around 66.6% of the combined business......»»

Wall Street JournalBarrick, Randgold to Create Gold-Mining Giant With $18.3 Billion MergerWall Street JournalBarrick Gold Corp. ABX -1.41% agreed to buy Randgold Resources Ltd. GOLD -1......»»

Barrick Gold agreed to buy Randgold Resources in an all-share merger that will create the world’s largest gold company worth $18 billion with a dominant position in Africa......»»

Barrick Gold has agreed to buy Randgold Resources for $6.1 billion in stock to create the world's largest gold miner......»»

Barrick Gold agreed to buy Randgold Resources for $6 billion in an all-share merger that will solidify Barrick as the world’s largest gold company by production, with a dominant position in Africa......»»

As gold prices cling stubbornly to the lowest levels in a year as US stocks continue their record-breaking tear, two of the world's biggest gold miners are sensing an opportunity. As the Financial Times reports, Canada’s Barrick Gold.....»»

Barrick Gold agreed to buy Randgold Resources for $6 billion in an all-share merger that will solidify Barrick as the world’s largest gold company by production, with a dominant position in Africa......»»

Wall Street JournalGold Giant Barrick Agrees to Buy Rival Randgold for $6 BillionWall S.....»»

The combined company will be worth nearly $18 billion. Two of the world’s most prominent gold miners are merging. Barrick Gold announced on Monday that it will acquire competitor Randgold in an all-stoc.....»»

Canada's Barrick Gold Corp has agreed to buy Randgold Resources Ltd in an all-stock deal valuing the Africa-focused miner at $6.5 billion, to create the world's largest gold producer in an industry under investor pressure to put capital to good use......»»

This article was originally published on ETFTrends.com......»»

Canada's Barrick Gold Corp has agreed to buy Randgold Resources Ltd in an all-stock deal valuing the Africa-focused miner at $6.5 billion, to create the world's largest gold producer in an industry under investor pressure to put capital to good use......»»

Central bank buying and the Randgold-Barrick merger suggest the low in the precious metal’s price is at hand. The dollar’s course will be key......»»

Canada's Barrick Gold Corp said on Friday it was considering an all-stock bid for U.S. rival Newmont Mining Corp, a deal that would create a monolith in the global gold sector and likely push smaller peers to start buying each other......»»

In acquiring Newmont, the largest U.S. miner, Barrick would create a mining company that could be four times the size of its next closest rival......»»