Jan 14, 2019 06:38 PM IST | Commodities
Newmont's $10 billion offer would create world's biggest gold miner
The combined company could log gold production of 6 million to 7 million ounces over a decade and recognize $100 million in annual pre-tax savings.
Miners are consolidating as gold becomes more expensive to procure. Barrick Gold said it would by Randgold for more than $6 billion just four months ago.
Published Date: Jan 14th, 2019 06:32 PM | Updated Date: Jan 14, 2019 06:38 PM IST
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