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Combination with Freeport had a lot of logic: Barrick CEO

By Reuters Staff
2 Min Read
FILE PHOTO: CEO of Randgold Mark Bristow poses for a photograph at the London Stock Exchange, London, Britain November 6, 2018. REUTERS/Henry Nicholls
TORONTO (Reuters) - Barrick Gold Chief Executive Mark Bristow said on Monday a combination with copper miner Freeport McMoRan “had a lot of logic to it” even though a deal between the companies did not pan out.
Freeport CEO Richard Adkerson told Reuters last week that he has no desire to combine Freeport with Barrick or another gold producer, saying such a deal didn’t make sense.
“That’s Richard’s position and I respect that,” Bristow said during a webcast at the BMO Capital Markets Metals and Mines conference. “It didn’t work out, but it certainly had a lot of logic to it.” ....

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Barrick CEO says tie-up with Freeport would have been logical move

By Reuters Staff
2 Min Read
FILE PHOTO: CEO of Randgold Mark Bristow poses for a photograph at the London Stock Exchange, London, Britain November 6, 2018. REUTERS/Henry Nicholls
TORONTO (Reuters) - Barrick Gold Chief Executive Mark Bristow said on Monday a combination with copper miner Freeport McMoRan “had a lot of logic to it” even though a deal between the companies did not pan out.
Freeport CEO Richard Adkerson told Reuters last week that he has no desire to combine Freeport with Barrick or another gold producer, saying such a deal didn’t make sense.
“That’s Richard’s position and I respect that,” Bristow said during a webcast at the BMO Capital Markets Metals and Mines conference. “It didn’t work out, but it certainly had a lot of logic to it.” ....

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