Mining Magazine October 2014 | Page 43

05Barrick Acquires Equinox

05Barrick Acquires Equinox

2011 was a big year for acquisitions and mergers in the mining industry , especially for Barrick Gold . The gold producer acquired Equinox Minerals Limited through an all-cash offer of $ 7.8 billion , giving the miner control of the Lumwana mine in Zambia and Saudi Arabia ’ s biggest copper deposit .
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