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$18.3 Billion Deal Creates Global Mining Giant

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Posted by Mining.com

on Tuesday, 25 September 2018 09:17

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Canada's Barrick Gold (TSX, NYSE:ABX), the world’s largest bullion producer by value, is about to become even bigger as it has agreed to buy Randgold Resources (LON:RRS) in a $18.3 billion share deal, the biggest in the gold sector in the past three years.

The new Barrick, valued at $24 billion including debt, would be now the world's top gold miner by value and output, with a dominant position in Africa. CLICK for complete article


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