https://www.engineeringnews.co.za

Canada clears Newmont’s Goldcorp buy

19th February 2019

By: Creamer Media Reporter

     

Font size: - +

The Canadian Competition Bureau has cleared gold miner Newmont’s $10-billion stock-for-stock acquisition of NYSE- and TSX-listed Goldcorp.

The US miner said on Monday that it was continuing to work with other regulatory agencies to secure the additional approvals that were required for the transaction, which was announced in January.

The companies aim to close the deal in the second quarter.

Following the closure, the combined business would target six- to seven-million ounces of steady-state gold production over a decades-long time horizon, it would have the largest gold reserves and resources in the gold sector, including on a per share basis, and be located in prolific gold districts on four continents.

Edited by Mariaan Webb
Creamer Media Contract Publishing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Vikela Aluvin (Pty) Ltd
Vikela Aluvin (Pty) Ltd

Complete range of security sealing solutions including security seals bags and labels.

VISIT SHOWROOM 
CSIR International Convention Centre (CSIR ICC)
CSIR International Convention Centre (CSIR ICC)

CSIR International Convention Centre (CSIR ICC) - the leading conference and events venue in Pretoria/Tshwane.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.052 1.035s - 140pq - 2rq
Subscribe Now