Regent, President and CEO of Barrick said: “The acquisition of Equinox would add a high-quality, long-life asset to our portfolio and is consistent with our strategy of increasing gold and ...


Apr 25, 2011· Given the immediate value creation opportunity, we are recommending our shareholders tender to the Barrick Offer."The support agreement between Barrick and Equinox …


Apr 25, 2011· NEW YORK (MarketWatch) — Canada’s Barrick Gold Corp. said Monday that it would buy copper miner Equinox Minerals Ltd. in a deal valued at …


Dec 19, 2014· Barrick also did bring the Jabal Sayid copper project in Saudi Arabia into the fold when it bought Equinox, but it is a much smaller project compared to Lumwana.


Jul 31, 2014· Barrick Acquires Equinox. Barrick Gold. Barrick Acquires Equinox. By Staff writer. Jul 31, 2014, 7:41PM. 2011 was a big year for acquisitions and mergers in the mining industry, especially for Barrick Gold. The gold producer acquired Equinox Minerals Limited through an all-cash offer of $7.8 billion, giving the miner control of the Lumwana mine ...


Jul 19, 2011· As a result of such acquisition, Barrick and its affiliates now collectively own 879,495,876 Equinox Shares, representing of the outstanding Equinox Shares on a fully diluted basis.It is ...


The Offeror has acquired a total of 827,330,848 Equinox Shares pursuant to the Offer. Barrick and its affiliates now collectively own 845,529,601 Equinox Shares, representing approximately 96% of the outstanding Equinox Shares on a fully diluted basis. The Offer is now closed.


In 2011, Barrick paid US$7.3-billion in cash to buy Equinox Minerals Ltd., whose chief asset is a Zambian copper mine. The acquisition, which coincided with a global plunge in commodity prices ...


Apr 25, 2011· Barrick's all-cash offer values Equinox 30 percent higher than its shares traded on February 25. On that day, Equinox bid for Lundin Mining Corp - it has since reneged on its own attempted acquisition and accepted the offer from Barrick. According to data from Thomson Reuters, the materials sector - of which mining is a part - has witnessed ...


Barrick Completes Compulsory Acquisition of Equinox . TORONTO ONTARIO-- Marketwire 07/19/11 All amounts expressed in US$ unless otherwise indicatedBarrick Gold Corporation NYSE ABX News TSX ABX News Barrick or the Company and its wholly-owned subsidiary Barrick Canada Inc the Offeror announced today that it has acquired the


May 18, 2011· Barrick Gold Corp.’s planned $7.3 billion acquisition of Equinox Minerals Ltd. is being considered by Zambia’s Competition and Consumer Protection Commission to …


Regent, President and CEO of Barrick said: "The acquisition of Equinox would add a high-quality, long-life asset to our portfolio and is consistent with our strategy of increasing gold and ...


outstanding Equinox Shares on a fully-diluted basis, pursuant to a previously announced compulsory acquisition under the Canada Business Corporations Act. As a result of such acquisition, Barrick and its affiliates now collectively own 879,495,876 Equinox Shares, representing of the outstanding Equinox Shares on a fully diluted basis.


Apr 25, 2011· The world's biggest gold miner, Barrick, beats Chinese rival Minmetals to buy Canadian copper firm Equinox Minerals. ... "The acquisition of Equinox would add a high-quality, ...


Jul 31, 2014· 2011 was a big year for acquisitions and mergers in the mining industry, especially for Barrick Gold. The gold producer acquired Equinox Minerals Limited through an all-cash offer of $7.8 billion, giving the miner control of the Lumwana mine in Zambia and …


Apr 25, 2011· Barrick Gold Corp., the world’s biggest gold company, agreed to buy copper producer Equinox Minerals Ltd. for C$7.32 billion ($7.66 billion) in cash, topping a hostile offer from China’s ...


Apr 25, 2011· “The acquisition of Equinox would add a high-quality, long-life asset to our portfolio, and is consistent with our strategy of increasing gold and copper reserves through exploration and acquisitions,” Regent, chief executive of Barrick, said in a statement, adding in a conference call that it was a way to “deploy a portion of our ...


The acquisition of Equinox's Lumwana copper mine in Zambia may also signal a shift in Barrick's strategy toward becoming a diversified miner with several primary metal mines, rather than a company ...


May 27, 2011· Barrick Reviews Zambian Clearance for Equinox Acquisition ... has disclosed that it has issued a conditional authorization for Barrick's proposed acquisition of all …


Jun 10, 2011· Barrick and its affiliates now collectively own 807,631,217 Equinox Shares, representing approximately 91.8% of the outstanding Equinox Shares on …


ELKO - Barrick Gold Corp. said today the company plans to buy Equinox Minerals Ltd. for roughly $7.68 billion to give the gold producer a copper mine in Zambia and a copper project in Saudi Arabia.


Apr 26, 2011· Barrick Gold Corp., the world’s biggest gold company, agreed to buy copper producer Equinox Minerals Ltd. for C$7.32 billion ($7.66 billion) in cash, topping a hostile offer from China’s ...


Regent, President and CEO of Barrick said: "The acquisition of Equinox would add a high-quality, long-life asset to our portfolio and is consistent with our strategy of increasing gold and copper reserves through exploration and acquisitions.


Mining company Barrick Gold Corp. said Monday it has agreed to buy Equinox Minerals Ltd. for about $7.7 billion (7.3 billion Canadian dollars) in cash, topping a rival's offer earlier this month.


Barrick currently owns about 2 percent, or 18.2 million, or Equinox's outstanding shares. Equinox president and CEO Craig Williams said in a release that the Barrick bid "allows our shareholders to realize immediate value and also positions our operations and …


Apr 25, 2011· Barrick Gold agrees to acquire Equinox Minerals in transaction worth $7.3B ... “The acquisition of Equinox would add a high-quality, long-life asset to our portfolio and is …


Apr 24, 2011· The Barrick offer values the equity of Equinox at approximately $7.3 billion ($8.15 per share). On June 1, 2011, the original expiry date of the offer, Barrick announced it had acquired approximately 83 per cent of the outstanding Equinox shares under the offer, which was being extended to June 14, 2011.


Aug 02, 2011· During the second quarter, Barrick Gold (ABX) completed the acquisition of Equinox, partially financing the transaction with $4 billion in new debt and cash on hand. The Reko Diq project in ...


Barrick's overpriced Equinox acquisition comes back to bite in US$4.2B writedown Like many of its mining peers, Barrick Gold Corp. has received its comeuppance for a badly overpriced acquisition.


Apr 25, 2011· Barrick already owns the Zaldivar copper mine in northern Chile, the No. 1 copper-producing country, so the acquisition of Equinox would provide it …


May 17, 2011· This confirmation has been obtained in connection with the previously-announced offer (the "Offer") by Barrick's wholly-owned subsidiary, Barrick Canada Inc. (the "Offeror"), to acquire, subject to the terms and conditions of the Offer, all of the Equinox Shares at a price of C$8.15 per Equinox …


Barrick will take-up and pay for any Equinox Shares validly tendered pursuant to the Offer within three business days of such tender. The Offeror intends to acquire all Equinox Shares not tendered to the Offer following its expiry pursuant to a compulsory acquisition or a subsequent acquisition transaction.


Jun 14, 2011· Barrick Offer for Equinox Expires: Proceeding with Compulsory Acquisition ... The Offeror has acquired a total of 827,330,848 Equinox Shares pursuant to the Offer. Barrick …