Golden Buddha (statue) Golden Buddha (statue) The Golden Buddha, officially titled Phra Phuttha Maha Suwana Patimakon (), is a gold statue, with a weight of 5.5 tons (5,500 kilograms). It is located in the temple of Wat Traimit, Bangkok, Thailand. At one point in its history the statue was covered with a layer of stucco and coloured glass to conceal its true value, and it remained in this condition for almost 200 years, ending up at what was then a pagoda of minor significance. During relocation of the statue in 1955, the plaster was chipped off and the gold revealed. The origins of
Barrick Gold in the United States. The purchase made Barrick the second-largest gold producer in the world. On October 31, 2005, Barrick launched an unsolicited takeover bid valued at US$9.2 billion for rival Canadian gold miner Placer Dome. Placer Dome initially recommended shareholders reject the offer. In December, Placer Dome's board of directors accepted an increased offer from Barrick worth US$10.4 billion. The transaction closed in early 2006, making Barrick the world's largest gold producer. Barrick launched what was then the largest stock offering in Canadian history in 2009, when it launched a $3 billion equity offering, which was increased the following