Newmont Mining Corp has won the support of at least two key investors for its US$10 billion takeover of Goldcorp after offering an 88-cents-per-share dividend to shareholders. The gold mining giant said in a regulatory statement that the immediate cash payment would represent a portion of...
Barrick Gold has dropped its US$18 billion hostile bid for Newmont Mining after the two gold mining giants agreed on a deal to combine their operations in the US state of Nevada. The joint venture company will be operated by Barrick under a 61.5% stake, with...
Newcrest Mining has agreed on a US$806.5 million deal with Canadian miner Imperial Metals Corp to control its Red Chris copper and gold mine in British Columbia, extending the recent spending spree in the gold sector. Melbourne-based Newcrest, the world's third biggest gold producer by market...
Canada’s Barrick Gold Corp is studying an audacious US$19 billion bid for rival gold giant Newmont Mining Corp, according to a report by Canadian newspaper the Globe and Mail. The potential mega-merger would resemble one of the largest ever deals in the mining sector and closely...
Newmont Mining Corp will acquire Canadian rival Goldcorp in a deal valued at US$10 billion which will create the world’s biggest gold producer by output. The share-based deal brings together two giants of the global gold sector who produced a combined 7.9 million ounces (Moz) of...
The Dow Jones Sustainability World Index (DJSI) has named Newmont Mining as the leader of the global metals and mining industry for the fourth consecutive year. Approximately 2,100 mining companies are ranked every year in the DJSI based on their performances across a range of categories,...
