A deal would create a company valued at around $42 billion
By Alistair MacDonald and Jacquie McNish
Updated Feb. 25, 2019 7:03 p.m. ET
Barrick Gold Corp. offered $17.85 billion for Newmont Mining Corp., proposing an unsolicited, all-share deal that would combine the world’s biggest gold miners and create an industry giant that Barrick said will be better able to squeeze out costs.