Barrick Gold, the world’s biggest gold producer, has made an agreed C$7.3bn ($7.6bn) offer for Equinox Minerals, the Australian-Canadian copper miner that has been the target of a hostile bid from China’s Minmetals Resources.
The bid is another sign of the scramble for raw materials and signals an expansion of Barrick’s ambitions in the global mining industry.
The Toronto-based Barrick has offered C$8.15 a share for Equinox, compared with Minmetals’ C$7 per share offer. Craig Williams, Equinox’s chief executive, said Barrick’s offer “is superior to the public proposal made by Minmetals in terms of certainty and value”.
您已阅读31%（624字），剩余69%（1400字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。