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Barrick drops Newmont bid

Two companies "tear down the fences" to create world's largest gold producer

Kristie Batten, Paul Harris
Barrick's Turquoise Ridge mine will be part of the Nevada JV

Barrick's Turquoise Ridge mine will be part of the Nevada JV

It comes after Newmont formally rejected the bid last week and proposed a JV. Newmont had proposed a 55:45 JV in favour of Barrick, but the two companies settled on a split of 61.5% Barrick and 38.5%...

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