Randgold Resources (LSE:RRS)
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1 Year : From May 2018 to May 2019
By Dimitrios Kontos
Randgold Resources Ltd. (RRS.LN) said Wednesday that its chief executive, Mark Bristow, has "held no specific discussions" with Barrick Gold Corp. (ABX.T) or Acacia Mining PLC (ACA.LN) with regards to a possible offer for Acacia.
Views expressed by Mr. Bristow in an interview with The Times newspaper were his own and "in no way were intended to reflect Barrick's intentions," the company said.
The company issued the statement following a Wednesday article that features this quote by Mr. Bristow: "One of the options that Barrick has is to roll up Acacia into Barrick itself, in other words issue Barrick's shares to the Acacia minorities, take it back within the company and consolidate it."
Acacia is majority-owned by Barrick, which is set to merge with Randgold in January.
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(END) Dow Jones Newswires
November 07, 2018 12:48 ET (17:48 GMT)
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