Newmont Corporation NEM

Alternate Symbol(s): T.NGT

Metals & Mining Gold

Newmont Corporation is a gold company and producer of copper, zinc, lead, and silver. Its portfolio of assets, prospects is anchored in mining jurisdictions in Africa, Australia, Latin America & Caribbean, North America, and Papua New Guinea. Its African operations is Ahafo. Its Australian operations include Boddington, Cadia, Tanami and Telfer. Its Latin America and Caribbean (LATAC) operations include Cerro Negro, Merian, Penasquito, Pueblo Viejo JV and Yanacocha. Its North American projects include Brucejack, Cripple Creek & Victor, Eleonore, Musselwhite, Nevada Gold Mines JV, Porcupine and Red Chris. Its Papua New Guinea projects include Lihir. Its Ahafo mine is in the Ahafo region, approximately 290 kilometers (km) northwest of Accra, the national capital city. The Boddington mine operates within the Saddleback greenstone belt in Western Australia. Boddington is located 16 km from the rural farming town of Boddington and 130 km from Western Australia’s capital city, Perth.

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Newmont Corporation

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Post by rj2020on Oct 12, 2023 8:59pm

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Post# 35681550

Reuters: Newcrest accepts Newmont’s bid

Newcrest Mining investors approve Newmont's $16.6 billion bid on proxy votes

Reuters

Thu, October 12, 2023 at 6:26 PM MDT

SYDNEY, Oct 13 (Reuters) - Newcrest Mining's investors have approved Newmont Corp's A$26.2 billion ($16.55 billion) bid for the company, the largest corporate buyout in Australia this year, at a shareholder meeting on Friday.

The proxy votes were 91.66% in favour of the bid, a slide shown to investors at the meeting in Melbourne showed.

A final result will become known later on Friday. ($1 = 1.5828 Australian dollars) (Reporting by Scott Murdoch in Sydney; Editing by Sonali Paul)

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