Newmont Mining turned down a proposal from rival Barrick Gold to merge, in a deal that would have created one of the world's largest miners
Newmont Mining Corp. turned down a proposal from rival Barrick Gold Corp. to merge and create one of the world’s largest mining companies, a widely expected move.
Newmont said in a news release that Barrick’s all-share proposal was inferior to the Denver-based mining company’s own deal with Goldcorp Inc.
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