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Newmont CEO Calls Barrick Move ‘Desperate’ as Miner Summit Looms

  • Goldberg speaks in first interview since Barrick interest
  • Mining community set to meet at BMO conference this week
Gary Goldberg
Gary GoldbergPhotographer: Christopher Goodney/Bloomberg

The chief executive officer of Newmont Mining Corp. labeled a potential takeover attempt by rival gold miner Barrick Gold Corp. as a “desperate” and “bizarre” move aimed at complicating his company’s pending deal to acquire Goldcorp Inc.

In his first interview since Barrick confirmed Friday it has considered a bid for Newmont, Gary Goldberg said he’s focused on completing the Goldcorp takeover and questioned whether Barrick’s management is equipped to run a combined Newmont-Barrick.