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Newmont’s bid to acquire Australia’s Newcrest Mining would create a US$53.1 billion behemoth, creating a gold company with a market capitalisation approaching that of some of the diversified miners, while increasing the daylight to its main rival Barrick Gold.
Newcrest Mining's Brucejack in British Columbia, Canada
Incorporating Newcrest would give Newmont four operations producing more than 300,000ozpa and some 2.1-2.4Moz of annual production to add to its 6Moz of gold production and 1.
NEWCREST has received a scrip offer from global major Newmont Mining valued at about A$24 billion
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