Dryblower and the curious case of Newcrest, the miner which morphed into a bank

THERE is something very odd about Newcrest Mining’s financing deal with Lundin Gold and try as he might to see some good in it, Dryblower can only see a gold mining company which has lost its way.

Dryblower and the curious case of Newcrest, the miner which morphed into a bank Dryblower and the curious case of Newcrest, the miner which morphed into a bank Dryblower and the curious case of Newcrest, the miner which morphed into a bank Dryblower and the curious case of Newcrest, the miner which morphed into a bank Dryblower and the curious case of Newcrest, the miner which morphed into a bank

Perhaps the intricately structured arrangement which provides Newcrest with a form of royalty stream over 34% of the free cashflow from Lundin's Fruta del Norte mine in Ecuador makes sense to an