United States gold miner snaps up Australian rival in USD19 billion deal
SYDNEY (AFP) – Australian mining company Newcrest said yesterday it had agreed to a takeover by United States (US) rival Newmont, creating a world-leading gold producer in a deal worth AUD28.8 billion (USD19 billion). By swallowing up Newcrest, the US mining giant will cement its position as the world’s biggest gold producer, with operations extending […]
Source: borneobulletin.com.bn