Hyenas are not at the gate. Barrick buys competitor Randgoldnot Detour Gold (DGC)
https://www.bnnbloomberg.ca/the-daily-chase-barrick-strikes-deal-with-rival-randgold-oil-rallies-1.1141892 "Barrick Gold is buying Randgold Resources (GOLD) in an all-stock takeover
that’s arguably the boldest move since John Thornton took the reins at Barrick.
he nearly $8-billion deal is a major bet on Africa for Barrick, with Randgold’s
assets spanning countries including Mali and the DRC. This morning we’ll
review the strategic rationale and consider if it could trigger another major
wave of industry consolidation."
Hmmm, South Africa is on the verge of collapsing as a nation.
Great move, not!!!!!!!
https://www.google.com/search?q=South+africa+is+collapsing+as+a+nation&ie=utf-8&oe=utf-8&client=firefox-b and specifically
https://www.newsweek.com/2018/06/29/south-africa-cover-story-white-farmers-black-population-economic-collapse-985088.html "The ANC, whose popularity plummeted under the controversial tenure of former
President Jacob Zuma, declared in December it would use “land expropriation
without compensation,” as the process is known, to speed up reform. The party
promised to do it without compromising the economy, food security or jobs.
President Cyril Ramaphosa, who replaced Zuma this year, has repeatedly said
the taking of land from the indigenous people was South Africa’s “original sin,”
and that its return to its rightful owners will unlock the country’s economic potential.
In February, Parliament overwhelmingly voted in favor of a resolution to pursue
the expropriation policy and appointed a committee to investigate whether the
constitution needs to be amended to do it. The committee is due to report back
on its findings later this year, before the 2019 elections."