--Barrick Gold is in advanced discussions to merge with London-listed rival Randgold Resources Ltd., and a deal could be announced imminently, Bloomberg reports, citing unnamed sources.

--With a market cap of $12.2 billion, the Toronto-listed gold miner has twice the market value of Africa-focused Randgold, according to Bloomberg.

Full story: bloom.bg/2QUaYa7

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(END) Dow Jones Newswires

September 24, 2018 01:48 ET (05:48 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
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