Barrick extends hostile bid for Canadian mining rival NovaGold

Mining giant Barrick Gold Corporation, undeterred by past rejections, yet again extended its “best and final” offer for Canadian rival NovaGold Resources Inc. by another two weeks.
It said its offer of 16 US dollars per share will expire at midnight on December 6.
It is Barrick’s sixth bid since launching an original hostile bid on August [...]

Read more