CAPITAL MARKETS

Barrick joins Antofagasta bid for Tethyan

IN A move straight out of left field, the world’s biggest gold producer has joined forces with Chilean copper miner Antofagasta to swoop in and offer $A190 million cash for Tethyan Copper.

Michael Vaughan

Barrick joins Antofagasta bid for Tethyan

Barrick Gold has agreed to form a 50:50 joint venture with Antofagasta to develop Tethyan’s Reko Diq copper-gold project in Pakistan, subject to the Australian junior’s takeover by Antofagasta. In return,...

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