June 15 (Reuters) - Canadian miner First Quantum Minerals (FM.TO) has rejected an informal takeover offer from Barrick Gold (ABX.TO), Bloomberg News reported on Thursday, citing people familiar with the matter.
Shares of copper miner First Quantum rose 12% following the news, while Barrick fell 2.7%.
First Quantum did not immediately respond to a Reuters request for comment, while Barrick said the company does not comment on market speculation.
Barrick Gold CEO Mark Bristow's had expressed his interest in copper giant Freeport-McMoran (FCX.N) in 2020, but a deal between the companies did not pan out.
Reporting by Sourasis Bose in Bengaluru; Editing by Devika SyamnathOur Standards: The Thomson Reuters Trust Principles.
Persons:
Barrick, Mark Bristow's, Sourasis Bose, Devika
Organizations:
Minerals, Barrick Gold, Bloomberg, Barrick, Newmont Corp, Thomson
Locations:
Freeport, McMoran, Bengaluru