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Barrick Gold Corp (NYSE: GOLD) has denied a counterbid for Newcrest Mining (OTC: NCMGY) (OTC: NCMGF), eliminating what had seemed to be the most likely prospect of a rival to bidder Newmont Corporation (NYSE: NEM). Newmont, on Monday, bid $16.9 billion for Newcrest, whose operations include top-class asset Cadia in Australia and an expanding footprint in North America, Papua New Guinea, and Ecuador. It also has growth potential in copper. "There is a difference between value merger acquisitio...
>>> Read more: Barrick Gold Unlikely To Offer Rival Bid For Australia-Based Newcrest Mining Deal
>>> Read more: Barrick Gold Unlikely To Offer Rival Bid For Australia-Based Newcrest Mining Deal
