Skip to content

Barrick CEO Says He Has ‘No Intention’ of Pursuing Teck Deal

Mark Bristow.

Mark Bristow.

Photographer: Dwayne Senior/Bloomberg

Barrick Gold Corp.’s top executive is closely watching the takeover battle for Teck Resources Ltd. but has no plans to pursue the Canadian base metals producer, which has drawn a $23 billion offer from Glencore Plc.

“We’re certainly learning from it and watching how that progresses,” Barrick Chief Executive Officer Mark Bristow said Wednesday in a BNN Bloomberg TV interview. “Right now we have no intention to join that process.”