Advertisement
Canada markets close in 2 minutes
  • S&P/TSX

    22,292.53
    +49.19 (+0.22%)
     
  • S&P 500

    5,310.04
    +63.36 (+1.21%)
     
  • DOW

    39,918.23
    +360.12 (+0.91%)
     
  • CAD/USD

    0.7350
    +0.0025 (+0.33%)
     
  • CRUDE OIL

    78.85
    +0.83 (+1.06%)
     
  • Bitcoin CAD

    89,777.48
    +6,039.10 (+7.21%)
     
  • CMC Crypto 200

    1,394.81
    +126.87 (+10.00%)
     
  • GOLD FUTURES

    2,392.70
    +32.80 (+1.39%)
     
  • RUSSELL 2000

    2,106.72
    +21.03 (+1.01%)
     
  • 10-Yr Bond

    4.3560
    -0.0890 (-2.00%)
     
  • NASDAQ

    16,744.16
    +232.98 (+1.41%)
     
  • VOLATILITY

    12.45
    -0.97 (-7.22%)
     
  • FTSE

    8,445.80
    +17.67 (+0.21%)
     
  • NIKKEI 225

    38,385.73
    +29.67 (+0.08%)
     
  • CAD/EUR

    0.6752
    -0.0017 (-0.25%)
     

Barrick Gold CEO says not interested in bidding for Anglo American

TORONTO, May 1 (Reuters) - Barrick Gold Corp is not interested in bidding for Anglo American and is building its own copper portfolio, CEO of Canadian miner Mark Bristow told Reuters on Wednesday.

"We are not interested in bidding for Anglo American, as we are building one of our own," Bristow said.

Last week Anglo rejected BHP Group Ltd's $39 billion offer, saying it was opportunistic, significantly undervaluing the company and its future prospects.

Barrick is also in talks with the International Finance Corporation and other agencies to raise at least $2 billion for the first phase of its Reko Diq copper project in Pakistan, Bristow added.

(Reporting by Divya Rajagopal)