LONDON—For more than two decades, Mark Bristow has been a thorn in the side of Barrick Gold Corp. Now he’s its closest partner. His language softened on Monday, telling investors that the merger is not a “rescue job” for Barrick. “We have no intention to changing the way we run the company at Randgold,” Bristow said. It took billions of dollars in writedowns, especially around its failed Pascua-Lama project in South America, and production has fallen. “Investors were already beginning to ask questions about the succession at Randgold,” said Charles Gibson, an analyst at Edison Investment Research in London.

Source: thestar September 24, 2018 16:30 UTC