Barrick Gold Corp.'s new chief executive is surprised by the "hysteria" over whether the world's largest gold miner will remain a Canadian company.
Barely a week after his Channel Islands-based Randgold Resources Ltd. merged with Barrick, Mark Bristow says he is determined to keep the global miner headquartered in Toronto -- or at least as committed as he is to any head office.
Bristow's comments come in the wake of critical commentary by industry veteran Pierre Lassonde, who said Barrick's reduced presence in Canada amounts to the kind of hollowing out of the country's mining sector that Barrick's late founder, Peter Munk, vigorously opposed. Lassonde particularly criticized that Barrick's top company leaders -- Bristow, Chief Financial Officer Graham Shuttleworth, and Executive Chairman John Thornton -- aren't based in Canada. ...
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