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Barrick needs to kick its mega-deals habit Add to ...

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Maybe Barrick Gold Corp.’s shareholders should thank Newmont Mining Corp. – and, perhaps inadvertently, Barrick’s incoming chairman John Thornton – for scuttling merger talks. The idea of creating a gold-mining behemoth is a major distraction from Barrick’s job at hand: to remake itself into a company more focused on getting smarter than getting bigger.

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