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.

Equinox is a large holding in First Trust ISE Global Copper (NasdaqGM: CU) and Global X Copper Miners ETF (NYSEArca: COPX).

Meanwhile, Barrick is the top holding in Market Vectors Gold Miners ETF (NYSEArca: GDX).

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