Barrick Gold dismisses chatter of Newmont bid - "Barrick Gold Corp. (ABX.TO: Quote, Profile , Research) (ABX.N: Quote, Profile , Research), the world's biggest gold producer, shot down a recent report in BusinessWeek magazine on Friday that suggested it may make a bid for Newmont Mining Corp. (NEM.N: Quote, Profile , Research).

"It's just another tidbit of idle speculation," said Vince Borg, a spokesman for Barrick. "Unsubstantiated, no sources."

The report, citing "some pros", said Barrick would go after Newmont, the world's No. 2 gold producer, for its proven and probable reserves of about 95 million ounces of gold." More
- 03/16/07 | Item |


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