Newmont CEO Denies Barrick Merger Rumours

This article was first published on Gold Investing News on September 17, 2014.
Reuters reported that Gary Goldberg, CEO of Newmont Mining Corp. (NYSE:NEM), has claimed there is “nothing” in the works in terms of a merger between his company and Barrick Gold Corp. (TSX:ABX,NYSE:ABX).
The companies have “seriously contemplated” a merger three times in the last seven years.
As quoted in the market news:

Goldberg said he has not held any merger discussions with Barrick since April and that Denver-based Newmont was focused on other things.
‘What we are doing from our side is continuing to run our operations, deliver at or better than what we have put out for guidance and work on developing our own portfolio,’ he told Reuters in an interview at the Denver Gold Forum, an industry event.

Click here to read the full Reuters report.