Newmont CEO calls Barrick move ‘desperate’ as miner summit looms

The CEO of Newmont Mining labeled a potential takeover attempt by rival gold miner Barrick Gold as a “desperate” and “bizarre” move aimed at complicating his company’s pending deal to acquire Goldcorp.

In his first interview since Barrick confirmed Friday it has considered a bid for Newmont, Gary Goldberg said he’s focused on completing the Goldcorp takeover and questioned whether Barrick’s management is equipped to run a combined Newmont-Barrick.