China's Minmetals Resources Ltd <1208.HK> has decided not to pursue its planned bid for Equinox Minerals , after Canada's Barrick Gold Corp trumped its original offer, the Chinese company said in a statement on Tuesday.

Minmetals also said it owned a stake of around 4.2 percent in Equinox.

(Reporting by Denny Thomas; Editing by Jonathan Hopfner)