ahlam1399
03-05-2019, 04:57 PM
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The future of the world’s biggest gold-mining deal hinges on a chunk of terrain that is among the most valuable in America: the gold fields of Nevada.
Newmont Mining Corp. formally rejected Barrick Gold Corp.’s unsolicited $18 billion proposal and offered an alternative: a joint venture of the two miners’ Nevada operations. Toronto-based Barrick’s merger plan is anchored in a plan to strip out nearly $7.1 billion of costs in a combined company. All but $2.4 billion of that, they say, can be squeezed from combining the two…
Source link (https://www.wsj.com/articles/nevada-is-the-jackpot-of-a-barrick-newmont-merger-11551709522?mod=pls_whats_news_us_business_f)
More (http://ahlam1399.i234.me:8888/m/2019/03/05/nevadas-gold-is-at-center-of-barrick-vs-newmont-fight/)
The future of the world’s biggest gold-mining deal hinges on a chunk of terrain that is among the most valuable in America: the gold fields of Nevada.
Newmont Mining Corp. formally rejected Barrick Gold Corp.’s unsolicited $18 billion proposal and offered an alternative: a joint venture of the two miners’ Nevada operations. Toronto-based Barrick’s merger plan is anchored in a plan to strip out nearly $7.1 billion of costs in a combined company. All but $2.4 billion of that, they say, can be squeezed from combining the two…
Source link (https://www.wsj.com/articles/nevada-is-the-jackpot-of-a-barrick-newmont-merger-11551709522?mod=pls_whats_news_us_business_f)
More (http://ahlam1399.i234.me:8888/m/2019/03/05/nevadas-gold-is-at-center-of-barrick-vs-newmont-fight/)