Barrick goes after Newmont to create $42 billion gold 巨大(な)

NEW YORK (AP) - Barrick Gold will try to acquire Newmont 採掘 Corp. in an だいたい $18 billion all-在庫/株 取引,協定 that would create a 採掘 behemoth 価値(がある) about $42 billion.

Colorado's Newmont has 拒絶するd any talk of a buyout from the Canadian 鉱夫 so far and the unsolicited 企て,努力,提案 from its 猛烈な/残忍な 競争相手 appears likely to become 敵意を持った. On Monday, it appeared no closer to 受託するing a 企て,努力,提案 from Barrick.

In acquiring Newmont, the largest U.S. 鉱夫, Barrick would create a 採掘 company that could be four times the size of its next closest 競争相手.

Newmont 株主s would receive 2.5694 Barrick 株 for each 株 they own, によれば the 提案 from Barrick on Monday.

Barrick 株主s would own about 55.9 パーセント of the 連合させるd 商売/仕事, with Newmont 株主s owning だいたい 44.1 パーセント.

Barrick CEO 示す Bristow said that the two companies have complementary 資産s in Nevada, which 含むs Barrick's mineral endowments and Newmont's 過程ing 工場/植物s and 組織/基盤/下部構造.

FILE - In this Feb. 14, 2006 file photo, a close-up of the chest patch of a worker at Barrick's Ruby Hill Mine, outside Eureka, Nev., is shown. Barrick Gold will try to acquire Newmont Mining Corp. in an all-stock deal that would create a mining behemoth worth about $42 billion. Newmont, based in Colorado, has shunned the Canadian miner so far, and the latest overture could become hostile. Barrick President and CEO Mark Bristow said that the two companies have highly complementary assets in Nevada, which includes Barrick's mineral endowments and Newmont's processing plants and infrastructure.  (AP Photo/Douglas C. Pizac, File)

FILE - In this Feb. 14, 2006 とじ込み/提出する photo, a の近くに-up of the chest patch of a 労働者 at Barrick's Ruby Hill 地雷, outside Eureka, Nev., is shown. Barrick Gold will try to acquire Newmont 採掘 Corp. in an all-在庫/株 取引,協定 that would create a 採掘 behemoth 価値(がある) about $42 billion. Newmont, based in Colorado, has shunned the Canadian 鉱夫 so far, and the 最新の 予備交渉 could become 敵意を持った. Barrick 大統領 and CEO 示す Bristow said that the two companies have 高度に complementary 資産s in Nevada, which 含むs Barrick's mineral endowments and Newmont's 過程ing 工場/植物s and 組織/基盤/下部構造. (AP Photo/Douglas C. Pizac, とじ込み/提出する)

連合させるing the companies, Bristow said, will create $7 billion in lowered costs.

Barrick kicked off a gold 採掘 consolidation 急ぐ last month when it acquired Randgold 資源s for more than $6 billion. Newmont 開始する,打ち上げるd its own 引き継ぎ/買収 企て,努力,提案 in January with a $10 billion 申し込む/申し出 for Canada's Goldcorp.

鉱夫s are 捜し出すing to 連合させる with other 鉱夫s as gold becomes more expensive to procure. Gold prices have been on an 上向き trajectory for almost two 10年間s and are up 4 パーセント this year, to about $1,330 per ounce.

On Monday, Barrick Gold Corp. said that Newmont should 減少(する) its 追跡 of Goldcorp.

There were no 調印するs that Newmont was ready to do that, and pointed out that Barrick made any tie-up with Newmont 条件付きの on just such a 退却/保養地.

Newmont, in a 返答 to the 企て,努力,提案 Monday, said the 申し込む/申し出 from Barrick was "at a 消極的な 賞与金." It said that Barrick is ignoring 危険s of such a 取引,協定, and overstating 可能性のある rewards.

"Newmont has 以前 決定するd that Barrick's 危険 and return profile is inferior on many 前線s, 含むing factoring Barrick's comparatively 効果のない/無能な operating model, poor 跡をつける 記録,記録的な/記録する on 配達するing 株主 returns and unfavorable jurisdictional 危険," Newmont said.

At the same time, perhaps in 準備 for a 敵意を持った 引き継ぎ/買収, said, "Newmont's 提案するd combination with Goldcorp 代表するs the best 適切な時期 to create optimal value for Newmont's 株主s and other stakeholders."

It said the 連合させるd company would have the largest gold reserves and 資源s in the gold 部門 and that it would lead to $265 million in 年次の 貯金.

株 of both companies dipped at the 開始 bell, with Newmont 落ちるing 2 パーセント.

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