Australian gold miner Newcrest gets $16.9b buyout offer from Newmont

Australian gold miner Newcrest gets $16.9b buyout offer from Newmont

Photo: Newcrest Mining website

Australia’s No. 1 gold miner Newcrest Mining Ltd on Monday said it received a non-binding all-stock takeover offer implying an equity value of $16.93 billion from U.S.-based gold miner Newmont Corporation.