Newmont proposes Newcrest US$16.9 billion takeover

In a move to combine two of the top senior gold producers, U.S.-based Newmont has submitted a non-binding proposal to acquire 100% of the issued share capital of Australian peer Newcrest Mining by way of a scheme of arrangement. If successful, it would be the largest mining takeover and the third-largest corporate buyout in Australian history, according to Refinitiv data.…

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Diesel-less future?

The mining industry has long relied on diesel. Cleaner alternatives are however needed if the industry is to successfully decarbonize its mine sites. By Jonathan Rowland The phrase “net zero mining” is fast taking its place in the dictionary of 21st century mining buzzwords, just after the “digital mine” and slotting in ahead of the related term, “sustainable mining.” But…

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