Skip to content
Subscriber Only

A Goldman Alum, a Big-Game Hunter, and $100 Billion Business

  • Chairman vows ‘New Barrick’ will be world’s best gold company
  • CEO must win over investors soured on gold as a safe haven
Hedge Funds Reeling From Gold Rally Have Five Charts to Watch

Photographer: Akos Stiller/Bloomberg

John Thornton is a Goldman Sachs alumnus educated at Yale, Harvard and Oxford. Mark Bristow is a South African geologist and big-game hunter.

Together, this corporate odd couple has a plan to turn around the lagging fortunes of the world’s largest gold-mining company, whose shares are down 67 percent from their high in 2010. Thornton, executive chairman of Barrick Gold Corp., set the partnership in motion when he announced a deal for smaller rival Randgold Resources Ltd. for $5.4 billion in September. He tapped Bristow, Randgold’s chief executive officer, to be the CEO of the combined companies.