Barrick Acquires Equinox

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2011 was a big year for acquisitions and mergers in the mining industry, especially for

2011 was a big year for acquisitions and mergers in the mining industry, especially for Barrick Gold. The gold producer acquired Equinox Minerals Limited through an all-cash offer of $7.8 billion, giving the miner control of the Lumwana mine in Zambia and Saudi Arabia’s biggest copper deposit.