PRECIOUS METALS

Newmont cleared to buy Newcrest

Newmont, the world’s largest gold miner, said that the Canadian Competition Authority has cleared the acquisition of Newcrest Mining with a no-action letter received yesterday.

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unsplash-Wesley-Tingey.jpg

This is the latest in the regulatory approvals need for the acquisition to take place. The company said it expected the transaction to close in the fourth quarter of this year. The acquisition was finalised...

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