Pitchers Partners has released its Dealmakers: mid-market M&A in Australia 2023 update, where it found that the mining sector contributed significantly to the country’s M&A (mergers and acquisitions) value through the Newmont acquisition of Newcrest.
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Papua New Guinea’s (PNG) Independent Consumer and Competition Commission (ICCC) has granted clearance for Newmont to proceed with its acquisition of Newcrest.
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Exploration company Antipa Minerals has detailed its 2024 programs for the Paterson and Wilki farm-in project, which will be fully funded by Antipa’s partners.
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The Canadian Competition Bureau has issued a “no action” letter clearing Newmont’s previously announced transaction with Newcrest under Canadian competition law.
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UK company Greatland Gold has announced the significant expansion of its Havieron gold and copper project in WA, along with high grade gold and copper intercepts taken from the site.
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Greatland Gold has announced that the management of the Juri joint venture (JV) will transfer to Newcrest, its joint venture partner from July 1.
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Australia has become the hot spot for mergers and acquisitions (M&A) within the resources sector for the March quarter of the 2023 financial year.
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Newmont has raised its takeover bid for ASX-listed Newcrest to $29.4 billion, which the US gold giant has labelled its best and final proposal.
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“Disappointed” was the word Newmont chief executive officer Tom Palmer used when discussing the rejection of his company’s bid for Australian gold miner Newcrest.
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Australia’s Newcrest Mining has confirmed it received a $24 billion takeover offer from Newmont Corporation, the world’s largest gold mining company.
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