# Barrick Gold and Randgold Resources agree to $18.3 billion merger

Barrick Gold and Randgold Resources agreed to a merger to form the New Barrick Group, with a market capitalization of $18.3 billion. The merger is expected to close by Q1 2019.

- Type: Acquisition
- Announced: 2018-12-28
- Value: $18.3B
- Status: announced
- Products: gold
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Barrick Gold](https://endata.com/companies/12881.md) (acquirer)
- [Randgold Resources](https://endata.com/companies/34475.md) (target)

## Sources

- [mining-technology.com](https://www.mining-technology.com/features/2018-biggest-news-stories-mining-technology-stories/), 2018-12-28: "Mining giants Barrick Gold and Randgold Resources agreed to a merger to form what they describe as an 'industry-leading gold company' known as the New Barrick Group"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.