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Barrick Gold's Equinox Acquisition Is Officially A Bust ...

Dec 21, 2014· 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 Pascua-Lama has created a $12 billion hole ...

Barrick Gold Corporation - Barrick Offer for Equinox ...

Jun 10, 2011· Barrick will take up and pay for any Equinox Shares validly tendered pursuant to the Offer within three business days of such tender. The Offeror intends to acquire all Equinox Shares not tendered to the Offer following its expiry pursuant to a compulsory acquisition.

UPDATE 5-Surging gold price lifts Barrick profit; shares ...

Apr 27, 2011· The metal is an important by-product for many gold miners, including Barrick, which is also moving into pure copper production with its pending Equinox acquisition. Barrick reported first-quarter ...

MA Investor and Analyst Briefing 2012 - Computershare

demerger, Barrick GoldGolds's acquisition of Equinox Minerals hybrid note issues appointed for acquisition of Equinox Minerals, hybrid note issues, appointed for upcoming Genworth IPO › Provided thought leadership over AGM season on "2 strikes" reforms

Barrick Buys Equinox for Nearly $8 Billion - Wall Street Pit

Apr 25, 2011· 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 $7.68 billion, topping a C$7 ...

D.R. Horton, Western Digital, Barrick Gold, Equinox Gold ...

Aug 07, 2020· D.R. Horton, Western Digital, Barrick Gold, Equinox Gold and Kinross Gold highlighted as Zacks Bull and Bear of the Day. ... Equinox Gold engages in the acquisition, exploration, and development ...

Barrick Gold writedown: Equinox acquisition comes back to ...

Feb 14, 2013· 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.

China's Minmetals bows out to Barrick Gold's $7.7 billion ...

Apr 26, 2011· China's Minmetals Resources bowed out of the battle for copper miner Equinox Minerals on Tuesday, saying Barrick Gold Corp's C$7.3 billion ($7.7 billion) bid was too rich to justify a counter-offer.

Zambia weighs Barrick's Equinox takeover | Financial Post

May 18, 2011· Barrick Gold Corp.'s planned $7.3 billion acquisition of Equinox Minerals Ltd. is being considered by Zambia's Competition and Consumer Protection Commission to assess the implications of the transaction, the group's spokesman, Brian Lingela, said.

Barrick to Buy Equinox for C$7.32 Billion, Topping ...

Apr 26, 2011· 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 …

Protest Barrick : Barrick's Pascua-Lama Should Be Shelved ...

Jul 04, 2013· What followed was a TD Securities report Tuesday stating that Pascua-Lama, coupled with the writedown risk of Barrick s 2011 Equinox acquisition and its high-cost Buzwagi mine, could bring a total writedown of $10 billion. Doug Pollitt of Pollitt & Co., an employee-owned brokerage firm, said weeks before the impairment charge that the world ...

Barrick Receives Investment Canada Clearance for Equinox ...

May 17, 2011· 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: …

James Boyd - Vice President, Strategic Matters (Business ...

James Boyd | Toronto, Ontario, Canada | Vice President, Strategic Matters (Business Development) at Barrick Gold Corporation | Experienced professional with +16 years and +$25 billion of direct global mining M&A involvement as one of the few consistent members of Barrick's Corporate/Business Development group. | 500+ connections | View James's homepage, …

Analysis: Barrick's perceived value may ebb with Equinox ...

Apr 26, 2011· Copper accounted for roughly 10 percent of Barrick's revenue in 2010. After the Equinox acquisition, it would account for about 20 percent, given current spot metal prices.

CEOs Impress Up Close: Growth & Balance; Street Strength

Sep 26, 2021· In the highly competitive world that royalty acquisition and creation is today, this is an advantage that cannot be overstated. ... "Barrick is ... a strong buy at the current price." ... He was an analyst and portfolio manager with Equinox Partners for 11 years, and brings new ideas as well as a wealth of knowledge and contacts.

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 buying Equinox Minerals for C$7.3 billion ...

Apr 25, 2011· 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% premium to the stock's Feb. 25 closing price — the last ...

Equinox Gold acquires Premier Gold Mines | Mining ...

Dec 16, 2020· 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 Sonora, Mexico, adding approximately 50,000 ...

Barrick goes for copper, not gold, with Equinox Resources deal

Apr 25, 2011· 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 offer for Equinox-additional shares acquired ...

Jun 10, 2011· The Offeror has now acquired 789,432,464 Equinox Shares pursuant to the Offer, which represents approximately 91.7% of the outstanding Equinox Shares excluding those owned by Barrick and its ...

Barrick to acquire Equinox copper company | Mining ...

Apr 25, 2011· Barrick's plans to acquire the additional copper production caused share prices to drop. Shares closed at $51.86, down $3.77, while Equinox shares were at $8.37 on the Toronto Stock Exchange, up ...

Barrick Gold agrees to acquire Equinox Minerals in ...

Apr 25, 2011· 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 ...

Barrick Acquires Equinox | Lexpert

The Barrick offer followed an announcement on April 3, 2011, by Hong Kong-based Minmetals Resources Ltd. of its intention to make an all-cash offer to acquire Equinox for $7.00 per share. The Barrick offer values the equity of Equinox at approximately $7.3 billion ($8.15 per share). On June 1, 2011, the original expiry date of the offer ...

Barrick announces agreement to acquire Equinox

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.

Equinox Minerals Ltd. announces Completion of Compulsory ...

Jul 19, 2011· 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 …

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.

Deal Highlights: Barrick swoops on Equinox, Seven wins AFL ...

May 09, 2011· 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 of coal seam gas assets in 2008

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 …

Barrick shareholders approve Randgold acquisition - The ...

Nov 05, 2018· In 2015, Barrick was mired in about US$13-billion in debt after taking billions in writedowns from both the Equinox acquisition and shutting down construction on a South American mine that never ...

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