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0 -9.28418902609332E-05 -0.000278525670782668 0.000371367561043469 -0.00427072695200082 -0.00278525670782668 -0.000835577012348003 -0.000835577012348003
Stock impact report

Barrick Targets Year-End IPO For North America Unit Valued Above $60 Billion [Yahoo! Finance]

Newmont Corporation (NEM) 
Last newmont corporation earnings: 2/20 06:55 am Check Earnings Report
Company Research Source: Yahoo! Finance
to list its North American operations in New York while indicating it remains on track to complete the IPO by year end. The proposed listing, which could value the assets at more than $60 billion, comes as the company looks to reposition after a period marked by operational setbacks and a leadership shift that included the September departure of longtime chief Mark Bristow. Under new CEO Mark Hill and Chairman John Thornton, management has framed the IPO as an initial move to unlock value, while still retaining a majority stake and adding a secondary listing in Toronto. Warning! GuruFocus has detected 2 Warning Sign with META. Is B fairly valued? Test your thesis with our free DCF calculator. The planned spinoff is expected to include Barrick's interests in Nevada Gold Mines and its Dominican Republic joint ventures with Newmont Corporation, along with the wholly owned Fourmile project in Nevada. Barrick is targeting the sale of a 10% to 15% stake in the new entity later this ye Show less Read more
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