February 22, 2019 / 10:01 PM / in a month

Newmont says aware of Barrick's buyout talk but will not comment

(Reuters) - Newmont Mining Corp said on Friday it was aware that Canadian rival Barrick Gold Corp said it had studied an unsolicited buyout proposal for the company, a deal that would, if consummated, bring together two of the world’s leading gold producers.

Newmont spokesman Omar Jabara said in a statement to Reuters the company would not speculate on Barrick’s intentions and that Newmont remains confident the best path forward is to close its $10 billion offer for smaller rival Goldcorp Inc.

Reporting by Ernest Scheyder; Editing by Tom Brown

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