Tom Palmer leaves Indaba crowd hanging over Newcrest bid

NEWMONT Corporation chief executive Tom Palmer made his Investing in African Mining Indaba debut on Monday but ignored the elephant in the room.

Tom Palmer leaves Indaba crowd hanging over Newcrest bid Tom Palmer leaves Indaba crowd hanging over Newcrest bid Tom Palmer leaves Indaba crowd hanging over Newcrest bid Tom Palmer leaves Indaba crowd hanging over Newcrest bid Tom Palmer leaves Indaba crowd hanging over Newcrest bid

Newmont boss Tom Palmer speaking at Mining Indaba 2023

The more than 7000 delegates attending the conference woke up to the news on Monday that Newmont had made an unsolicited, non-binding indicative proposal to acquire Newcrest Mining.