Barrick goes for copper, not gold, with Equinox Resources deal
Barrick's bid is based on a cash offer of C$8.15 per Equinox share. The friendly offer trumped by more than 16pc a lower bid of C$6.3bn from the Chinese company Minmetal Resources, which on Monday ...
Barrick Gold writedown: Equinox acquisition comes back to ...
Barrick bought Equinox amid a heated takeover battle that lasted more than four months and involved five different companies. While Barrick paid a high price, it knew that Lumwana contained a huge copper resource and figured it could be mined at a competitive cost. Equinox reported cash costs of just US$1.38 a pound in 2010, a very solid number.
Barrick Completes Compulsory Acquisition of Equinox Shares
To obtain a copy of the report filed with the Canadian securities regulatory authorities relating to the compulsory acquisition by the Offeror of the remaining Equinox Shares, contact the individuals listed below. BARRICK INVESTOR CONTACT: Deni Nicoski. Vice President, Investor Relations. (416) 307-7410.
Barrick Gold's Equinox Acquisition Is Officially A Bust ...
In a previous article on Barrick, I talked about how the company is still paying for its sins as the Equinox Minerals acquisition and the construction of …
Barrick To Buy Equinox | Manufacturing.net
Both Barrick Gold and Equinox are based in Toronto. Equinox has agreed to pay a termination fee of about $263 million (250 million Canadian dollars) if it backs out of the deal. Equinox has agreed to withdraw its takeover offer to buy Canada's Lundin Mining Corp., …
barrick acquisition equinox - Microsoft Bing Search
Barrick Announces Agreement to Acquire Equinox. Apr 25, 2011 Regent, President and CEO of Barrick said: "The acquisition of Equinox would add a high-quality, long-life asset to our portfolio and is consistent with our strategy of increasing gold and copper reserves through exploration and acquisitions.
Barrick to Buy Equinox for C$7.32 Billion, Topping ...
Barrick Gold Corp., the world's biggest gold company, agreed to buy copper producer Equinox Minerals Ltd. for C$7.32 billion ($7.66 billion) in cash, topping a hostile offer from China's ...
Barrick Gold to acquire Equinox Minerals for $7.3B | CTV News
The Barrick offer, worth $8.15 per Equinox share, is well above the $7 per share put forward by Chinese-owned Minmetals Resources in its hostile bid valued at $6.3 billion. ... "The acquisition …
D.R. Horton, Western Digital, Barrick Gold, Equinox Gold ...
D.R. Horton, Western Digital, Barrick Gold, Equinox Gold and Kinross Gold highlighted as Zacks Bull and Bear of the Day. Contributor. ... Equinox Gold engages in the acquisition, exploration, and ...
Barrick Gold Corporation - Funding, Financials, Valuation ...
Barrick Gold Corporation has had 2 exits. Barrick Gold Corporation 's most notable exits include Perpetua Resources and Skeena Resources. Barrick Gold Corporation has acquired 3 organizations. Their most recent acquisition was Equinox Minerals on Apr 25, 2011. They acquired Equinox …
Barrick makes $7.6bn offer for Equinox | Financial Times
Barrick Gold, the world's biggest gold producer, has made an agreed C$7.3bn ($7.6bn) offer for Equinox Minerals, the Australian-Canadian copper miner that has been the target of a hostile offer ...
Barrick Gold to acquire Equinox Minerals | Bus Ex
"The acquisition of Equinox would add a high-quality, long-life asset to our portfolio and is consistent with our strategy of increasing gold and copper reserves through exploration and acquisitions," said Regent, President and CEO of Barrick.
Barrick Gold - Wikipedia
Barrick Gold Corporation is a mining company that produces gold and copper with 16 operating sites in 13 countries. It is headquartered in Toronto, Ontario, Canada. It has mining operations in Argentina, Canada, Chile, Côte d'Ivoire, Democratic Republic of the Congo, Dominican Republic, Mali, Papua New Guinea, Saudi Arabia, Tanzania, the United States and Zambia.
Barrick Gold Corporation - Barrick Offer for Equinox ...
TORONTO, June 14, 2011 — Barrick Gold Corporation (NYSE: ABX)(TSX: ABX) ("Barrick" or "the Company") and its wholly-owned subsidiary, Barrick Canada Inc. (the "Offeror"), announced today that an additional 37,898,384 common shares (the "Equinox Shares") of Equinox Minerals Limited (TSX: EQN)(ASX: EQN) ("Equinox") representing approximately 4% of the outstanding Equinox …
Equinox Minerals Ltd. announces Completion of Compulsory ...
As a result of such acquisition, Barrick and its affiliates now collectively own 879,495,876 Equinox Shares, representing of the outstanding Equinox Shares on a fully diluted basis.
Barrick Buys Equinox for Nearly $8 Billion - Wall Street Pit
Barrick Gold Corp (ABX), the world's largest gold miner, has agreed to buy Australian-based copper producer Equinox Minerals for about 7.3 billion Canadian dollars, or …
2 Top Canadian Gold Stocks to Add Before They Take Off
2 Top Canadian Gold Stocks to Add Before They Take Off. Here's why Kirkland Lake Gold (TSX:KL) (NYSE:KL) and Equinox Gold (TSX:EQX) are two top gold stocks to consider right now. Among the most ...
Barrick Gold makes big changes to become a smaller company
Barrick's problems started back in 2011 with the $7.3 billion acquisition of copper miner Equinox Minerals. It was the company's first foray into copper, and the move puzzled investors who had bought Barrick specifically because it was a pure gold play.
Barrick buying Equinox Minerals for C$7.3 billion ...
Barrick Gold Corp. ABX, -4.01% (ABX) will pay C$8.15 a share in cash for Equinox Minerals Ltd. (EQN) (EQN), EQXMF, representing a 30% …
Barrick Receives Investment Canada Clearance for Equinox ...
TORONTO, May 17, 2011 — Barrick Gold Corporation (NYSE: ABX)(TSX: ABX) ("Barrick" or "the Company") announced today that it has received confirmation that the Investment Canada Act does not apply to Barrick's proposed acquisition of all of the issued and outstanding common shares (the "Equinox Shares") of Equinox Minerals Limited (TSX: EQN)(ASX: EQN) ("Equinox…
Barrick announces agreement to acquire Equinox - MINING.COM
Regent, President and CEO of Barrick said: "The acquisition of Equinox would add a high-quality, long-life asset to our portfolio and is consistent with our …
Barrick Gold to Buy Equinox Minerals for $7.8 Billion ...
"The acquisition of Equinox would add a high-quality, long-life asset to our portfolio, and is consistent with our strategy of increasing gold and copper reserves through exploration and acquisitions," Regent, chief executive of Barrick, said in a statement, adding in a conference call that it was a way to "deploy a portion of our ...
Equinox Gold acquires Premier Gold Mines | Mining ...
Equinox Gold's existing portfolio of operating gold mines in the Americas will also be enhanced with the addition of the producing Mercedes Mine in …
Barrick Acquires Equinox | Lexpert
Barrick Acquires Equinox Share On April 24, 2011, Barrick Gold Corporation ("Barrick") entered into an agreement for Barrick to acquire all of the outstanding common shares of Equinox Minerals Ltd. ("Equinox") by way of a friendly all-cash take-over offer.
Barrick to Resume Gold Focus After CEO Ouster: Corporate ...
Barrick Gold Corp. is poised to resume its focus on gold after firing Chief Executive Officer Regent, who failed to boost the share price by expanding into copper with the acquisition …
Deal Highlights: Barrick swoops on Equinox, Seven wins AFL ...
Client: Barrick Gold Firm: Osler, Hoskin & Harcourt Client: Equinox (Canadian Counsel) • largest Australian M&A transaction announced so far in 2011 and is also the largest Australian resources inbound M&A transaction since ConocoPhillips' US$7.9 billion acquisition …
Barrick gets Australian clearance for Equinox takeover ...
Barrick Gold Corp. says the Australian government won't oppose Barrick's planned $7.3-billion acquisition of Equinox Minerals Ltd. a Canadian-Australian copper miner with operations in …
Equinox Minerals - Wikipedia
Equinox Minerals is a mining and exploration company with corporate offices in Perth, Australia and Toronto, Ontario, Canada.It has operations in Peru and Australia. In Zambia it owned the Lumwana Mining Company, but that was bought by Barrick Gold in 2011. Through Liontown Resources Limited and Alturas Minerals Corp., the company has gold and copper-gold exploration interests in Peru and ...
barrick acquisition equinox - asbud-krakow.pl
Regent, President and CEO of Barrick said: "The acquisition of Equinox would add a high-quality, long-life asset to our portfolio and is consistent with our strategy of increasing gold and copper reserves through exploration and acquisitions. The transaction is expected to be immediately accretive to cash flow and earnings on a basis.
Trading on Barrick Gold's Takeover of Equinox Minerals ...
The move followed a Monday announcement from Toronto, Canada-based Barrick Gold Corporation (NYSE: ABX) that it had reached an agreement with Equinox Minerals to acquire the company for C$8.15 per ...