The chief executive of Barrick Gold Corp on Thursday expressed desire to grow the company's copper business organically when asked about interest in buying...
TORONTO - The chief executive of Barrick Gold Corp on Thursday expressed desire to grow the company's copper business organically when asked about interest in buying First Quantum Minerals after the recent share price plunge.
"This is a reinforcement of what I stand for in Barrick... For me M&A is an ad hoc opportunity to create value. It shouldn't be the core to anyone's strategy," he added. -- Japan’s state pension fund, the world’s largest, posted a loss of ¥683.2 billion on total assets during the three months through September as its holdings of domestic debt slumped by a record.
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