Barrick Gold Corp Proposed Acquisition of Newmont Mining Corp - M&A Call Transcript
Ladies and gentlemen, thank you for standing by. This is the conference operator. Welcome to the Barrick conference call. (Operator Instructions) As a reminder, this conference call is being recorded and a replay will be made available on Barrick's website later today, February 25, 2019.
I would now like to turn the conference over to Mark Bristow, Chief Executive Officer of Barrick. Please go ahead, sir.
Thank you very much, and good morning, ladies and gentlemen. Thank you for those who have got up early or stayed up all night to join the call. We appreciate your time.
As you probably worked out, earlier today we sent a letter to Newmont's chairperson and CEO to propose a merger between our 2 companies. There've been many unsuccessful attempts over the years to forge such a merger, and the reason for not doing it escapes me because this opportunity has strategic and financial rationale and is so obvious and compelling.
However, while Barrick recently
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