BARRY FITZGERALD

National gold (and copper) champion Newcrest to fall to Newmont on the cheap

IT’S taken more than two months for US gold giant Newmont to admit the obvious – its first and second bids for Newcrest were low-ball and opportunistic, writes <b>Barry FitzGerald</b>.

Barry FitzGerald
Newcrest's Red Chris operation in Canada is a potential future copper-gold block cave

Newcrest's Red Chris operation in Canada is a potential future copper-gold block cave

The admission came in the form or a third and final offer gets that gets closer to full value for Newcrest, Australia's biggest listed gold producer, and a copper producer of growing scale. The improved...

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