$18.3 Billion Deal Creates Global Mining Giant

Posted by Mining.com

Share on Facebook

Tweet on Twitter

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

I know Mike is a very solid investor and respect his opinions very much. So if he says pay attention to this or that - I will.

~ Dale G.
I've started managing my own investments so view Michael's site as a one-stop shop from which to get information and perspectives.

~ Dave E.
Michael offers easy reading, honest, common sense information that anyone can use in a practical manner.

~ der_al.
A sane voice in a scrambled investment world.

~ Ed R.