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: Hedge funds continued to cut bullish commodity bets ahead of the G20 summit and the net-long across 26 major commodities hit its lowest since March 2016 in the week to November 27.