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Maroc Maroc - MININGMX.COM - A La Une - 18/Nov 12:13

Elliott stake fuels Barrick restructure talk

ACTIVIST investor Elliott Management has acquired a substantial position in Barrick Mining, intensifying speculation that the world’s second-largest gold producer could pursue a corporate break-up or significant asset disposals. The Florida-based hedge fund’s stake places it among Barrick’s ten largest shareholders, representing a holding worth at least $700m, said the Financial Times on Tuesday. Elliott […]

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