Monster gold-mining deals pile pressure on those left behind

Mark Bristow’s tenure as boss of the world’s biggest gold miner might have been short-lived, but his message for smaller rivals just got even more pointed.

“Holy camoly, I missed out on a great opportunity!” is how Bristow described anyone not involved in Barrick Gold’s purchase of Randgold Resources in September. With Newmont Mining poised to become the No. 1 producer through a $10-billion takeover of Goldcorp announced Monday, the pressure on those left behind will be even greater.