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Randgold, Barrick shareholders get merger boost

Randgold Resources (LSE:RRL) and Barrick Gold (TSX:ABX) shareholders are already riding high after the merger announcement last month, and will get another sweetener in the deal.

Randgold, Barrick shareholders get merger boost Randgold, Barrick shareholders get merger boost Randgold, Barrick shareholders get merger boost Randgold, Barrick shareholders get merger boost Randgold, Barrick shareholders get merger boost

Randgold's mining, exploration and dealmaking chops will see shareholders handed more cash in early 2019

Randgold will up its 2018 dividend 34.5% to US$2.69 per share and Barrick will hand back 40% more to shareholders, at 7c/share.

This will cost the smaller company $65 million and Barrick $23 million.