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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.
Barrick Gold Corporation and Randgold Resources Limited agreed to a share-for-share merger, creating a new gold company. Barrick shareholders will own 66.6% and Randgold shareholders 33.4% of the combined entity.