NYSE:BMetals and Mining
Barrick Mining Weighs African Merger And London Listing As Valuation Gap Persists
Barrick Mining (NYSE:B) is in early discussions to merge its African operations with Endeavour Mining in a potential $30 billion transaction.
The talks include exploring a London listing for a new company focused on African mines.
The move fits with Barrick Mining's plan to separate its African and North American assets into distinct businesses.
Barrick Mining, trading on the NYSE under ticker B, closed at $41.86, with the stock up 9.2% over the past 30 days and 1.5% over the past week...