US Investors -- supporting Barrick/Newmont merger !!! Today, the US Bond Market is rooting for a merger of Newmont Mining and Barrick Gold, which could help shore up their finances while gold prices are down.
Why? Newmont debt maturing in 2042 was the second most traded US corporate bond today, with ~$65M of bonds changing hands, trading with a yield of ~5.90% vs. ~6.15% earlier this month,
I obtained my securities license back in 1977 and went PUBLIC in 1984 (took me 20 minutes to raise the funds). Please get educated about the power of the US Investor in mining activities in the USA, MSX stockholders...........
ABX debt maturing in 2043 was yielding 5.64%, down from ~5.80% earlier in the month