09 January 2019

Carey Olsen advises Barrick on merger with Randgold to create world's leading gold miner

Lawyers from Carey Olsen's Jersey office have advised Barrick Gold Corporation on its merger with London Stock Exchange listed Randgold Resources Limited.

The share-for-share merger, which was conducted by way of a Jersey law scheme of arrangement, completed on 1 January 2019. The merger makes the New Barrick Group the world's biggest gold miner and brings together the world's largest collection of Tier One Gold Assets.

The Carey Olsen team was led by partners James Willmott and Andreas Kistler. Other team members involved were partner Guy Coltman, counsel David Allen and senior associate Louise Woolrich. Carey Olsen worked alongside teams from Davies Ward Phillips & Vineberg LLP in Canada and Freshfields Bruckhaus Deringer in the UK.