BARRY FITZGERALD

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

NEWMONT'S A$24 billion takeover offer for Newcrest is as good as dead, writes <b>Barry FitzGerald</b>

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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