World's Largest Gold Miner

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tdtwedt
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World's Largest Gold Miner

Postby tdtwedt » Mon Sep 24, 2018

Randgold And Barrick To Merge In $18BN Deal, Creating World's Largest Gold Miner

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 (the world's largest miner) is preparing to merge with Randgold Resources (its UK-listed rival) in an all-share deal that will create the world's biggest gold miner, with an $18 billion valuation and a dominant mining position in Africa.


https://www.zerohedge.com/news/2018-09- ... gold-miner
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