M&A

Newcrest passes on additional Havieron stake

NEWCREST Mining will not exercise an option to acquire an additional 5% of the multimillion ounce Havieron deposit in Western Australia's Paterson Province from minority partner Greatland Gold.

Newcrest CEO Sandeep Biswas

Newcrest CEO Sandeep Biswas

Last month, an independent valuer determined a price of US$60 million for Newcrest to move to 75% of the project. It had 28 days to make a decision and today announced it would not proceed, with managing...

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