Deals
Newmont's CEO Rejects Talk of Bids for Barrick, Randgold
- CEO says Barrick-Randgold deal ‘doesn’t change’ his strategy
- ‘They need each other,’ Goldberg says of Barrick-Randgold
Gary Goldberg
Photographer: Carla Gottgens/Bloomberg
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Newmont Mining Corp. Chief Executive Officer Gary Goldberg squashed speculation that Barrick Gold Corp.’s offer for Randgold Resources Ltd. would tempt Newmont to make its own play.
When asked about the speculation that’s been raised since the Barrick-Randgold merger was announced on Monday, Goldberg referenced past attempts at possible Newmont-Barrick tie-ups and said there was “no value proposition.”