A “glittering” deal creating the world’s largest gold miner

Today’s announcement that Canada’s Barrick Gold will enter into a share for share merger with Randgold Resources will “create an industry-leading gold company with the greatest concentration of Tier One Gold Assets in the industry, the lowest total cash cost position among senior gold peers,” the companies said in a joint statement.

Private equity firm CVC to take up a new sport?

Everyone, whether they be a football fan or not, is used to the fact that football clubs change hands as regularly as they change their players, and typically for vast sums of money. On the other hand, this has not typically been the case in the sport of rugby, the game often referred to as a “hooligans game played by gentlemen”.