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By Shane Lasley
Mining News 

Newmont, Newcrest agree on merger deal

North of 60 Mining News - May 15, 2023

 

Last updated 6/1/2023 at 11:48am

A smartphone displays Newmont’s logo in front of mining company’s webpage.

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Newmont and Newcrest have agreed to a $19.3 billion merger deal that will form a company with 340 million oz of gold and more than 50 billion lb of copper in resources and reserves.

Merged company will hold several world-class gold, copper assets in Northern BC's Golden Triangle.

In a deal that will bring together several world-class copper and gold projects in British Columbia's Golden Triangle, Newmont Corp. and Newcrest Mining Ltd. have agreed upon a merger worth A$28.8 billion (US$19.3 billion) to Newcrest shareholders.

"The combination of Newmont and Newcrest represents...



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