M&A

Newcrest has no plans to sell SolGold stake

DESPITE pulling its nominee from the board of SolGold over a disagreement over funding, Newcrest Mining CEO Sandeep Biswas says the company has no plans to sell its 13.6% stake.

Newcrest CEO Sandeep Biswas

Newcrest CEO Sandeep Biswas

Last month Reuters reported Newcrest had hired RBC Capital Markets to explore options for the stake, but Biswas said there were no plans to divest. "We remain positive on SolGold's long-term future,"...

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