NCM News: Newmont Proposes $17 Billion Takeover of Australia’s Newcrest Mining - 6th Feb 2023, 12:49pm

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ADELAIDE, Australia— Newmont has made a roughly $17 billion offer to acquire Australia’s Newcrest Mining , aiming to seal one of the biggest deals for a global gold miner as the industry struggles to make large new discoveries of the precious metal. Newmont, based in Colorado and one of the world’s largest producers of gold, on Sunday submitted a conditional and nonbinding indicative proposal to acquire Newcrest, Australia’s largest listed gold producer. Newmont said it would...

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