M&A
confidence high
sentiment positive
materiality 0.65
Newmont on track to close Newcrest acquisition in Q4; Canadian clearance secured; Yanacocha deferred
NEWMONT Corp /DE/
- Newmont on track to close Newcrest acquisition in Q4 2023; Canadian clearance received.
- Shareholder votes expected in October, close in November; 2024 guidance for combined co. in Feb 2024.
- Yanacocha Sulfides project deferred as first step in portfolio optimization post-Newcrest.
- Integration planning underway; Newmont applying operational standards to Newcrest assets.
- Awaiting regulatory approvals in Australia and Papua New Guinea; independent expert report still in progress.