News and Information
Barrick Gold to Buy Rangold Resources in a $6 Billion Deal
September 26, 2018
One of the world's largest gold mining companies announces a plan to buy one of the most valuable gold mining companies in a deal priced at $6 billion.
Barrick Gold Corp., an $8.4 billion gold and copper mining company based in Toronto, Canada, has reached an agreement to buy Rangold Resources Ltd., a British-based gold mining company, in an all-stock deal that would create the largest gold mining company in the world, but eliminate one of the most valuable and highest rated mining companies in the world in Rangold.