Gold miners headed for the altar?
Barrick Gold is reportedly planning a $19.0 billion hostile takeover of Newmont Mining. The plan is for a two-part deal involving Australia’s Newcrest Mining, which would end up with Newmont’s Australian assets.
Head of Commodity Strategy
Summary: Speculators slashed bullish commodity bets by 19% to 771,000 lots, an eight-week low, in the week to November 13 with natural gas the only major exception.