Elliott Takes Large Stake in Barrick as Gold Miner Lags Peers
Activist investor Elliott Investment Management LP has taken a large stake in Barrick Mining Corp., according to people familiar with the matter, after operational setbacks and cost blowouts left the...
By Dinesh Nair, Swetha Gopinath, Jacob Lorinc · Bloomberg Markets
Activist investor Elliott Investment Management LP has taken a large stake in Barrick Mining Corp., according to people familiar with the matter, after operational setbacks and cost blowouts left the gold producer trailing its peers as bullion prices surged.