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Not sure this is a good thing but NEM is up nicely in premarket

Posted by Buygold @ 8:08 on February 22, 2019  

Barrick Gold Mulls Bid for Rival Miner Newmont -Globe and Mail

5:52 am ET February 22, 2019 (Dow Jones) Print
—Barrick Gold Corp. is considering a takeover bid for Newmont Mining Corp., the Globe and Mail reports, citing unnamed sources.

–The Toronto-based gold miner would pay around $19 billion in stock for Colorado-based Newmont, the Globe and Mail says. If it can win shareholder approval, it would represent one of the largest-ever mining deals, according to the newspaper.

–The mooted deal would also see some of Newmont’s assets flipped to Australian miner Newcrest Mining Ltd., the Globe and Mail reports.

Full story: https://tgam.ca/2VaGWQD

Write to Barcelona editors at barcelonaeditors@dowjones.com

(END) Dow Jones Newswires

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.