M&A

'Full force' of Newmont working on Newcrest DD

NEWMONT Corporation CEO Tom Palmer says the company is working "diligently" through the due diligence process on Newcrest Mining and will make a judgement on whether to proceed at the end of the four-week period.

Kristie Batten and Paul Harris

Newmont's Tom Palmer

Newmont's Tom Palmer

Following two rejections from Newcrest, Newmont returned earlier this month with a "best and final" takeover proposal which values Newcrest at A$29.4 billion, a 46% premium to its share price prior to...

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