Peter Munk


Peter Munk News

  • Barrick’s Munk Says Spinoff in Any Newmont Deal Cuts Risk

    Updated 1 hour, 59 minutes ago

    Barrick Gold Corp. Chairman Peter Munk said spinning off assets as part of a proposed merger with Newmont Mining Corp. would help reduce risk at a time when investors have become increasingly concerned about the hazards of operating in politically volatile countries.

  • Ex-Goldman Banker Emerges as Barrick Gold Dealmaker

    A week before Barrick Gold Corp. Chairman Peter Munk retires, his successor John Thornton is emerging as a dealmaker as the former Goldman Sachs Group Inc. banker pursues a bid to combine the two biggest gold miners.

  • Barrick-Newmont Merger Talks Said to Hit Snag on Spinoff

    Talks to merge the world’s biggest gold-mining companies, Barrick Gold Corp. and Newmont Mining Corp., broke down three days ago amid minor disagreements that leave open the possibility that a deal could be revived, two people with knowledge of the matter said.

  • Barrick-Newmont Merger Talks Said to Hit Snag on Spinoff

    Talks to merge the world’s biggest gold-mining companies, Barrick Gold Corp. and Newmont Mining Corp., broke down three days ago amid minor disagreements that leave open the possibility that a deal could be revived, two people with knowledge of the matter said.

  • Barrick Cuts Pay for Thornton, Sokalsky After Stock Slump

    Barrick Gold Corp., criticized by investors for its pay practices as the stock plunged, cut compensation for co-Chairman John Thornton and Chief Executive Officer Jamie Sokalsky, and will force them to hold their shares as long as they work for the gold miner.

  • Barrick Names Directors as Munk Retirement Set

    Barrick Gold Corp. said founder Peter Munk will retire after more than 30 years with the world’s biggest gold producer and it nominated four new directors after some investors criticized the independence of its board.

  • Barrick’s Munk Defends Thornton Bonus Amid Protest on Pay

    Barrick Gold Corp. founder and Chairman Peter Munk defended an $11.9 million sign-on payment to Co-Chairman John Thornton in the face of opposition from the biggest gold miner’s investors.

  • Barrick Gold Discussing Peter Munk’s Succession as Chairman

    Barrick Gold Corp. is discussing the succession of Chairman Peter Munk, who previously announced his intention to retire, and expects governance changes to take effect at the company’s next annual general meeting.

  • Barrick’s Thornton Said to Seek China Deal to Renew Miner

    Peter Munk built Barrick Gold Corp. into the world’s largest gold producer by expanding into Africa and South America. Now former Goldman Sachs Group Inc. President John Thornton is betting on China to help revive the beleaguered company’s fortunes.

  • Barrick's Munk to Triple Soviet-Era Adriatic Sea Port's Capacity as Resort

    Peter Munk , the chairman of gold producer Barrick Gold Corp. , wants to triple the number of berths at a former Soviet-era naval port on the Adriatic Sea as he converts the marina into a resort for the world’s wealthiest.

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