Newmont acquires 93% of Miramar and extends offer period

GOLD mining giant Newmont Mining has acquired 93% of Toronto-listed Miramar Mining and has extended the offer period to January 18.

In addition to its existing 18.5 million shares in Miramar, Newmont has acquired 189.4 million ordinary shares at a cash price of $C6.25 ($A7.

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