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Newmont says aware of Barrick's buyout talk but will not comment

Published 2019-02-22, 04:56 p/m
© Reuters.  Newmont says aware of Barrick's buyout talk but will not comment
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Feb 22 (Reuters) - Newmont Mining Corp (NYSE:NEM) NEM.N said on Friday it was aware that Canadian rival Barrick Gold Corp ABX.TO said it had studied an unsolicited buyout proposal for the company, a deal that would, if consummated, bring together two of the world's leading gold producers.

Newmont spokesman Omar Jabara said in a statement to Reuters the company would not speculate on Barrick's intentions and that Newmont remains confident the best path forward is to close its $10 billion offer for smaller rival Goldcorp Inc G.TO .

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