Newmont (NEM) announced it has completed the acquisition of Newcrest Mining (NCMGY). “Today marks a historic milestone in our company and the industry with the successful completion of this transformational acquisition of Newcrest by Newmont,” said Tom Palmer, Newmont’s president and CEO. “Our attention now turns to safely, efficiently, and responsibly integrating Newcrest’s assets and people into Newmont’s proven operating model, so we can accelerate the delivery of our value-focused strategy for all our stakeholders.”
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Read More on NEM:
- Newmont price target lowered to $46 from $55 at TD Securities
- Newmont price target lowered to C$57 from C$59 at Raymond James
- Newmont reports Q3 EPS 36c, consensus 63c
- Newmont Mining call volume above normal and directionally bullish
- Is NEM a Buy, Before Earnings?
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