Shareholders will lose more than $750-million a year for every year that the merger with Newmont is delayed, Barrick said on Thursday. Barrick calculates that there is potential to unlock more than $5-billion of real synergies from the Nevada mines alone and $7-billion-plus overall. It contends that the synergies would in turn drive a 15% to 20% share price uplift for all shareholders prior to any rerating.
