Newmont's acquisition of Newcrest becomes legally effective; closing expected early November

NEWMONT Corp /DE/

Scheme of arrangement declared effective after Australian Federal Court orders lodged with ASIC.
All regulatory, shareholder, and legal approvals secured; closing anticipated in early November.
Newmont expects $500M annual pre-tax synergies and at least $2B cash improvements within 2 years.
Combined company will feature 10 Tier 1 operations and increased copper production from Australia and Canada.

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