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Newmont aims to build gold giant with $16.9 billion Newcrest offer

by Gold Editor
February 5, 2023
in XAU/USD Gold US Dollar
Reading Time: 1 min read

Top gold producer Newmont Corp said it had made a $16.9 billion offer for Australian peer Newcrest Mining Ltd to build a global gold behemoth, although investors and analysts said it undervalued the target amid a leadership change.
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  • Gold Price Forecast: XAU/USD reclaims $1960 on US debt ceiling hopes, falling US bond yields - May 31, 2023
  • Gold generally performs well in bad economies. Here’s why. - May 31, 2023
  • Gold prices surge as U.S debt ceiling deal echoes reminders of 2011 – What’s next? [Video] - May 31, 2023
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