Gold giant Newmont Corp. secured a A$28.8 billion (US$19.2 billion) deal to buy Australian rival Newcrest Mining Ltd., consolidating its position as the world's biggest bullion producer with mines across the Americas, Africa, Australia and Papua New Guinea.
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The board of Australia's Newcrest Mining has unanimously backed a A$29bn (US$19bn) takeover offer by its US rival Newmont, paving the way for the world's largest gold miner to strengthen its grip...
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Denver-based Newmont closed its roughly $15-billion acquisition of Newcrest Mining on Monday, ending a nearly year-long effort to buy the Australian gold miner.
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On November 6, Newmont announced the competition of its acquisition of Newcrest Mining Limited, strengthening its position as the industry leader in sustainable gold production while increasing its production of copper, a critical mineral for the new energy economy.
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Newmont's acquisition of Newcrest Mining Limited marks a historic milestone in establishing the world's leading gold and copper company, with 17 operations across nine countries. This transaction has expanded Newmont's industry-leading portfolio in the most favorable mining jurisdictions – now including more than half of the world's ...
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Recommended Share-For-Share Transaction. Newmont to acquire all outstanding Newcrest equity at an exchange ratio of 0.400X of a Newmont share (or 0.400 Newmont CDIs) for each Newcrest share. Newcrest to fund and pay to its shareholders a special dividend of up to USD$1.10 per Newcrest share.
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Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) today announced it has completed the acquisition of Newcrest Mining Limited to create the world's leading gold company with robust...
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DENVER-- (BUSINESS WIRE)-- Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) today announced it has completed the acquisition of Newcrest Mining Limited to create the world's leading gold company with robust copper production. This press release features multimedia.
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SYDNEY (Reuters) -Newcrest Mining shareholders have voted strongly in favour of accepting the A$26.2 billion ($16.81 billion) buyout bid from global gold mining giant Newmont Corporation,...
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