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Goldcorp deal makes Newmont 'go-to gold equity'

Newmont Mining has followed Barrick Gold’s lead and will take over a fellow major player in the precious metals space, with an all-share takeover of Goldcorp.

Goldcorp deal makes Newmont 'go-to gold equity' Goldcorp deal makes Newmont 'go-to gold equity' Goldcorp deal makes Newmont 'go-to gold equity' Goldcorp deal makes Newmont 'go-to gold equity' Goldcorp deal makes Newmont 'go-to gold equity'

A gold pour at Newmont's Nevada operations in the US

Under the deal announced late yesterday, Newmont will issue 0.328 of a share and US2c for every Goldcorp share held.