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BARRY FITZGERALD

Newmont's $24B Newcrest bid a flop, but it ain't over yet

Newmont's $24 billion takeover offer for Newcrest is as good as dead, writes Barry FitzGerald

Barry Fitzgerald
Newmont may have to dig deeper into its pockets if it wants Cadia's owner

Newmont may have to dig deeper into its pockets if it wants Cadia's owner

Only a substantial increase in the offer can deliver Newmont what it needs from the Newcrest tilt - more low(er) cost reserve/resource ounces, more copper, and less dependence on South America and Africa....

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