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First Quantum shares rise on reports of Barrick offer

Canada-based diversified miner First Quantum’s share price posted a near 8% day-on-day rise on Thursday following media reports that gold giant Barrick in recent months made an informal approach for a potential merger – which First Quantum rebuffed.

Nathan Richardson
Neither Barrick nor First Quantum have confirmed or denied the reports.

Neither Barrick nor First Quantum have confirmed or denied the reports.

Barrick's approach, which comes as the miner pursues ways to expand in copper, was met with First Quantum indicating it wasn't keen on a combination and declining to enter any substantive talks, according...

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