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Barrick gives up plans to acquire Newmont, will form Nevada JV instead

Cecilia Jamasmie | March 11, 2019 | 4:00 am Precious Metals Top Companies Africa Canada Latin America Gold 

Canada’s Barrick Gold (TSX:ABX)(NYSE:GOLD) has officially dropped its hostile takeover offer for U.S. rival Newmont Mining (NYSE:NEM) in favour of a friendly deal to create a joint-venture that will combine the two companies’ assets in Nevada. The world’s two biggest gold...

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