Street Talk

Busy Barrick gets its claws into Metminco’s assets

The $7.1 billion takeover bid for Equinox Minerals is unlikely to be the only transaction involving Barrick Gold in the copper space this week.

Sarah Thompson and Paul Garvey

Updated Apr 28, 2011 – 5.42am, first published at 12.05am

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The $C7.3 billion ($7.1 billion) takeover bid for Equinox Minerals is unlikely to be the only transaction involving Barrick Gold in the copper space this week.

Metminco , a junior explorer listed on the ASX and London’s AIM, entered a trading halt last week citing an announcement in relation to the ownership of its South American assets.