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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 […]
In a deal that would be the largest in gold mining history, Newcrest has agreed to back a takeover offer that values the company at nearly $29 billion.
15.05.2023 - Newmont Corporation (NYSE: NEM, TSX: NGT) today announced that following completion of due diligence it has entered into a binding Scheme Implementation Deed (“SID”) under which Newmont will acquire 100 percent of the issued share capital in ...
Australian shares are 0.2pc lower; NAB sees chance of two more rate rises; AVZ faces $US1.4b in damages claims; Aristocrat to acquire NeoGames; Newcrest accepts Newmont takeover offer; Elders cuts dividend. Follow updates here.
(figures are in US$ except where stated) Solid H1 performance and increased shareholder returns1,2,3,4,5,6Safety and sustainabilityExtensive safety review completed at Brucejack following the tragic fatality