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The deal, subject to approval from shareholders of both companies and other regulatory hurdles, would lift Newmont’s gold output to nearly double its nearest rival
Australian mining company Newcrest said yesterday it had agreed to a takeover by U.S. rival Newmont, creating a world-leading gold producer in a deal worth 28.8 billion Australian dollars ($19 billion).
Newmont snaps up Australian rivalAustralian mining company Newcrest said it had agreed to a takeover by US rival Newmont, creating a world-leading gold producer in a deal worth...
Newmont has signed a binding scheme implementation deed (SID) to take over Newcrest after approval from the latter’s board.
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