NEW YORK (Reuters) - Canada's Barrick Gold Corp., the world's biggest gold miner, may bid for No. 2 Newmont Mining Corp., BusinessWeek reported in its March 26 2007 edition.
Citing "some pros," the magazine said Barrick would go after Newmont for its proven and probable reserves of about 95 million ounces of gold.
A deal would likely value Newmont in the "mid 50s," BusinessWeek said, citing pros.
possible takeover
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