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Barrick Gold to Buy Rangold Resources in a $6 Billion Deal

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Rangold Resources
Ore is loaded at the Loulo-Gounkoto mining complex in Mali operated by Rangold Resources. Rangold had sales of $1.28 billion in 2017.

One of the world's largest gold mining companies announces a plan to buy one of the most valuable gold mining companies in a deal priced at $6 billion. 

Barrick Gold Corp., an $8.4 billion gold and copper mining company based in Toronto, Canada, has reached an agreement to buy Rangold Resources Ltd., a British-based gold mining company, in an all-stock deal that would create the largest gold mining company in the world, but eliminate one of the most valuable and highest rated mining companies in the world in Rangold.

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