CAPITAL MARKETS

Newmont moves to compulsory acquisition

NEWMONT Mining has moved to compulsory acquisition of the Normandy Mining shares it does already own after closing its off-market bid Tuesday with a 96% stake in Australia's number one gold producer.

Greg Tubby

The North American giant, which becomes the world's top gold miner with the takeover of Normandy and Canada's Franco-Nevada, said it expects to complete the acquisitions within the next six weeks. Normandy...

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