Barrick CEO says dynamic M&A to result from Covid-19 impacts

May 08, 2020 / www.metalbulletin.com / Article Link

The mining industry is set to undergo a paradigm shift in the aftermath of the Covid-19 pandemic that will include a reshaping of corporates, including through "dynamic" mergers and acquisitions, the chief executive officer of Barrick Gold Corporation said.

Mark Bristow, whose Africa-focused miner Randgold Resources merged with Canada-based gold and copper giant Barrick last year, said it was a great opportunity for the mining industry to better showcase the value it creates and redefine itself for the future. 
"Since the Barrick-Randgold deal, there have been a number of deals that have really consolidated the industry, particularly in the gold space," he said during an earnings conference call.

"We saw deals at the beginning part of...

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