By Oliver Griffin

Randgold Resources Ltd. (RRS.LN) said Monday that the Royal Court of Jersey has sanctioned its merger with Barrick Gold Corp. (ABX.T).

The gold-mining company said in September that it had entered an all-share merger deal with Canada's Barrick, which agreed to buy Randgold for $6 billion.

Trading in Randgold's shares will stop on Dec. 31 and the combined company's shares will start trading on the New York Stock Exchange and Toronto Stock Exchange on Jan. 2.

Mark Bristow, Randgold's chief executive and the designate president and CEO of Barrick, said: "Barrick will be the world's biggest gold miner but our focus will be on making it the industry's most valued company."

Write to Oliver Griffin at oliver.griffin@dowjones.com; @OliGGriffin

(END) Dow Jones Newswires

December 17, 2018 11:00 ET (16:00 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
Randgold Resources Limited ADS Each Represented BY One Ordinary Share (delisted) (NASDAQ:GOLD)
Historical Stock Chart
From Oct 2024 to Nov 2024 Click Here for more Randgold Resources Limited ADS Each Represented BY One Ordinary Share (delisted) Charts.
Randgold Resources Limited ADS Each Represented BY One Ordinary Share (delisted) (NASDAQ:GOLD)
Historical Stock Chart
From Nov 2023 to Nov 2024 Click Here for more Randgold Resources Limited ADS Each Represented BY One Ordinary Share (delisted) Charts.