(Reuters) – Barrick Gold Corp’s top shareholder said on Tuesday the miner should focus on striking a joint venture deal in Nevada with rival Newmont Mining Corp before considering a full-blown merger.
FILE PHOTO: The logo of sponsor Barrick Gold Corporation is seen as visitors arrive at the Prospectors and Developers Association of Canada (PDAC) annual convention in Toronto, Ontario, Canada March 4, 2019. REUTERS/Chris Helgren
“My preference is a joint venture,” Joe Foster of the Van Eck International Investors Gold Fund, said in a phone interview. “I don’t flat out oppose a merger. If a merger is the only way