barrick acquisition equinox


Barrick Gold to Buy Equinox Minerals for $7.8 Billion ...

Apr 25, 2011· With the acquisition of Equinox, Barrick — which relies on gold for 80 percent of its revenues — would expand its business in copper, adding to the company’s interests in Chile. Its Lumwana project in Zambia is expected to account for 20 percent of the country’s copper production once it reaches full capacity.

Barrick Announces Agreement to Acquire Equinox Toronto ...

Apr 25, 2011· 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 …

Lexpert ® | Barrick Acquires Equinox

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.

Barrick Offer for Equinox-Additional Shares Acquired

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.

Barrick Gold's Acquisition of Equinox Complete - Barrick ...

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 Gold writedown: Equinox acquisition comes back to ...

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

Barrick Gold's Equinox Acquisition Is Officially A Bust ...

Dec 19, 2014· The End Result. The bottom line is this acquisition was a bust. Barrick also did bring the Jabal Sayid copper project in Saudi Arabia into the fold when it …

Barrick Completes Compulsory Acquisition of Equinox Shares

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.

Barrick to Buy Equinox for C$7.32 Billion, Topping ...

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 ...

Barrick challenges Minmetals with rich Equinox bid - Reuters

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 …

Barrick Completes Compulsory Acquisition of Equinox Shares

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 ...

Equinox Minerals - Wikipedia

Equinox Minerals is a mining and exploration company with corporate offices in Perth, Australia and Toronto, Ontario, Canada. It has operations in Peru and Australia. In Zambia it owned the Lumwana Mining Company, but that was bought by Barrick Gold in 2011.

Barrick to Resume Gold Focus After CEO Ouster: Corporate ...

Jun 07, 2012· Barrick Gold Corp. is poised to resume its focus on gold after firing Chief Executive Officer Regent, who failed to boost the share price by expanding into copper with the acquisition …

Barrick shareholders approve Randgold acquisition - The ...

Nov 05, 2018· In 2015, Barrick was mired in about US$13-billion in debt after taking billions in writedowns from both the Equinox acquisition and shutting down construction on a South American mine that never ...

Barrick agrees to buy Equinox, outbids rival - cleveland.com

TORONTO -- 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 ...

Deal Highlights: Barrick swoops on Equinox, Seven wins AFL ...

May 09, 2011· • Clayton Utz has advised Barrick Gold over many years, across a variety of transactions, including advising Barrick Gold on its takeover of Tusker Gold Limited in 2010 • Allen & Overy also advised Equinox on its takeover bid for Citadel Resources last year and the hostile A$4.8bn cash and stock bid for Lundin mining.

Barrick To Buy Equinox - Manufacturing.net

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 …

Barrick Offer for Equinox-Additional Shares Acquired

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 …

Barrick Completes Compulsory Acquisition of Equinox Shares

Barrick Completes Compulsory Acquisition of Equinox Shares. Press Release. ... 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.

Barrick doubles down on risky African mining sector in $6 ...

Sep 24, 2018· The size of the acquisition, Barrick’s biggest since buying copper producer Equinox Minerals Ltd. for US$7.3-billion in 2011, also caught some by surprise. ...

Barrick Announces Agreement to Acquire Equinox

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.

Barrick announces agreement to acquire Equinox

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. The transaction is expected to be immediately accretive to cash flow and earnings on a basis.

EQUINOX MINERALS : Announces Completion of Compulsory ...

July 19, 2011Equinox announces Completion ofCompulsory Acquisition by Barrick. TORONTO, ON, July 19, 2011: Equinox Minerals Limited (TSX and ASX symbol: ?EQN?) ("Equinox" or the ?Company?) announced today that Barrick Canada Inc. has acquired the remaining 32,016,675 common shares of Equinox (the ?Equinox Shares?) not already owned by Barrick Gold Corporation (?Barrick?) or its …

Barrick offer for Equinox-additional shares acquired ...

Jun 10, 2011· Barrick Gold announced today that an additional 36,221,770 common shares of Equinox Minerals representing approximately 4% of the outstanding Equinox …

Barrick Gold to acquire Equinox Minerals | Bus Ex

"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,” said Regent, President and CEO of Barrick.

Zambia weighs Barrick’s Equinox takeover | Financial Post

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 …

Barrick Gold to acquire Equinox Minerals for $7.3B | CTV News

Barrick Gold to acquire Equinox Minerals for $7.3B ... "The acquisition of Equinox would add a high-quality, long-life asset to our portfolio and is consistent with our strategy of increasing gold ...

Barrick Offer for Equinox-Additional Shares Acquired

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Barrick Gold: Corporate Rap Sheet | Corporate Research Project

Barrick began investing in various North American mines, the most successful of which were in Ontario, Nevada and Utah. The acquisition of another substantial gold property in Nevada, the Goldstrike Property, brought the company to a new level of prominence and prompted a corporate name change to American Barrick Resources.

Barrick announces agreement to acquire Equinox - MINING.COM

Apr 25, 2011· 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 ...

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