Relax and enjoy the bidding war"
Barrick has sat on the sidelines as a string of mergers swept up many gold mines and attractive exploration assets in Canada, where Bristow has said his company would like to expand since it only has one mine in the country.
This includes Agnico Eagle Mines Ltd.’s $13.4-billion acquisition of Kirkland Lake Gold Ltd. last September, Australia’s Newcrest Mining Ltd.’s $3.5-billion purchase of Pretium Resources Inc. in January, and Kinross Gold Corp.’s $1.8-billion acquisition of Great Bear Resources Ltd. in December 2021