Exchange traded funds (ETFs) that invest in miner stocks could see action Monday following Barrick Gold’s (NYSE: ABX) announcement it plans to acquire copper miner Equinox in a cash deal.
The offer represents a 16% premium to a previous bid from Minmetals Resources, according to a press release.
Meanwhile, Barrick is the top holding in Market Vectors Gold Miners ETF (NYSEArca: GDX).
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