• Most Popular
  • Most Shared

Barrick Gold looking at M&A, sees cheap assets

Tue Dec 2, 2008 12:20pm EST

Stocks

   

TORONTO, Dec 2 (Reuters) - Barrick Gold (ABX.TO) is looking at making acquisitions, but will be cautious in its approach, the company's chief financial officer said on Tuesday.

Stocks  |  Mergers & Acquisitions  |  Global Markets

Speaking at an investment conference, CFO Jamie Sokalsky said valuations for both companies and projects have become exceptionally cheap.

"I think we're going to be looking at just about everything in the marketplace," he said in response to an audience question about the company's view on acquisitions. (Reporting by Cameron French; editing by Peter Galloway)

Stocks
Mergers & Acquisitions
Global Markets


More from Reuters

Photo

Plot exposes fissure in U.S. intelligence community

WASHINGTON (Reuters) - Last week's failed plot to bomb a U.S. passenger jet has exposed lingering fissures within the U.S. intelligence community, which had information from interviews and clandestine intercepts but did not put the pieces together, officials said.

» More Top News
Floor traders work at the Hong Kong Stocks Exchange, January 16, 2008. REUTERS/Bobby Yip

My way or the highway?

Hong Kong is poised to accept Beijing's accounting standards. That's good. The system, though, is prone to scandal. That's bad.  Full Article 

Global Markets
People walk past a branch of Bank of America in New York's financial district April 28, 2009. REUTERS/Brendan McDermid
Rolfe Winkler:

Move your money

Boycotting "too big to fail" banks is a great idea -- so long as investors remember that banks aren't the only ones responsible for the crisis.  Full Article 

    Commentary