>>5346100 lb
:)
>>5346100 lb
:)
Barrick Gold : Renews Its Interest in Newmont
TORONTO β Barrick Gold Corp. said it is sizing up Newmont Mining Corp. for a possible deal that would unite the world's two biggest gold producers and cap a flurry of big acquisitions in their industry.
Barrick, with a market value of almost $23 billion, said on Friday it is considering an all-stock, no-premium transaction to merge with Newmont, which is valued at about $19 billion. The Toronto-based company hasn't yet initiated discussions with Newmont, two people familiar with the matter said.
The development comes on the heels of deal-making by Newmont β and threatens to complicate it. The Denver-based company agreed earlier this year to buy miner Goldcorp Inc. in a stock deal worth $10 billion. The pending deal would make Newmont the biggest gold miner by production, passing long-time rival Barrick, whose output has been declining.
A Newmont spokesman said the company remains confident that its planned merger with Goldcorp is an "unparalleled opportunity." He said the company won't speculate on Barrick's motivation for announcing it is considering making a hostile bid. Goldcorp shareholders are set to vote on Newmont's offer April 4.
Barrick has long considered merging with Newmont to pair up their large gold-mining operations in Nevada and create an industry giant that would dwarf its nearest competitor. The last serious attempt at a deal faltered in 2014.
The Canadian mining company was the undisputed king of gold production until its output slumped, falling 25% over five years to 5.3 million troy ounces at the end of 2017 β about the same as Newmont at the time. Barrick has since acquired Randgold and its annual production of about 1.3 million troy ounces as of the end of 2017. In that year, Newmont and Goldcorp produced a combined 7.9 million troy ounces.
Barrick's renewed interest in its rival reflects heightened pressure to rein in costs for ore extraction and production at a time when gold prices are languishing and ore reserves are shrinking.
https://www.marketscreener.com/BARRICK-GOLD-CORP-1408870/news/Barrick-Gold-Renews-Its-Interest-in-Newmont-28058080/
or the letter that tells you how great THEY are doing. fuggin hate those.
Theresa May Facing Pressure To Quit Within Three Months
Tory MPs have already made their distaste for Prime Minister Theresa May abundantly clear: It's widely believed that she only survived an intra-party leadership challenge last year by promising to step down before the next general election (and even then, one in three Tory MPs still voted for her ouster). And with the UK inching ever-closer to a 'no deal' Brexit - to the horror of pretty. much everybody except the DUP and some ERG hardliners - it's looking increasingly likely that May won't manage to hang on to power much longer.
According to a Bloomberg report published Friday which cited anonymous statements from May's own aides, it's looking increasingly likely that May will be out by the summer, giving the Tories ample time to elect a new leader in place for its next party conference in October. While one might think that the Tories would want continuity in leadership at least until the 'Brexit Day' dust has settled, after May's shambolic handling of Brexit negotiations, made worse by the disastrous 2017 election campaign, which put the Tories in the untenable position of relying on the DUP - a party of 10 Irish hardliners - to maintain its tenuous majority in the Commons, many are still deeply resentful of her leadership.
rest at link
https://www.zerohedge.com/news/2019-02-22/theresa-may-facing-pressure-quit-within-three-months
chek'd marinefren
you good b? nice to be slow gotta run out too but back later
https://www.secform4.com/insider-trading/1018724.htm
was supposed to be attached to yours but miss-fire.
still have to keep the spouse from doing it. damn box shows up here every often.
It should never be 'valued' at this level.
Makes no difference what it's market cap is.
too much money going into the hands of too few
nice try though
https://www.secform4.com/insider-trading/320187.htm
your argument was about market cap which is based onβ¦β¦.
Nice reddit spacing too.
https://www.secform4.com/insider-trading/320187.htm
you lost. it didn't work. move on to your next target