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Barrick’s Goldstrike mine in Nevada.
Barrick’s Goldstrike mine in Nevada.
(Barrick Gold Corp.)

Barrick must check its hubris to achieve a smooth Newmont merger

Barrick Gold Corp. says its strategy is no longer about bigger, but about better. A successful merger with Newmont Mining Corp. has got to be about a bit of both.

Barrick is not talking yet, as no deal is done, but job one when a transaction is finalized will be to explain just how a combination with Newmont would square with Barrick’s new strategy.