Newmont shareholders OK $10 billion Goldcorp takeover, creating world’s biggest gold producer


TORONTO — Newmont Mining shareholders supported the company’s US$10 billion takeover of Goldcorp Inc on Thursday, creating the world’s biggest gold producer with assets across the Americas, Africa and Australia.

About 98 per cent of votes at a special meeting supported Newmont’s proposal to issue new stock to fund its takeover of Goldcorp, the Denver-based company said in an e-mailed statement. Toronto-based Goldcorp’s investors voted to approve the acquisition last week.

© Thomson Reuters 2019

Bestsellers from Amazon

Leave a Reply

Your email address will not be published. Required fields are marked *