Barrick CEO says he’ll run Newmont’s mines better than they can

Barrick Gold’s new CEO wasted no time telling Newmont Mining shareholders that he can do a better job.

The two companies are trading barbs after Barrick launched a hostile bid for Newmont, which would disrupt a previously announced deal for Goldcorp Inc. Barrick has long wanted to combine its Nevada gold fields with Newmont, but the combination was stymied by personality clashes.