Mining News

Newcrest Bulks Up With $2.8 Billion Gold Deal to Add Canada’s Pretium – by James Thornhill (Bloomberg News – November 8, 2021)

https://www.bloomberg.com/ Newcrest Mining Ltd. agreed to buy Pretium Resources Inc. in a cash and shares deal valuing the Canadian gold producer at about $2.8 billion, adding to a wave of consolidation in the sector. Melbourne-based Newcrest will offer Pretium holders C$18.50 ($14.87) a share, a 23% premium to the target’s closing price Monday in Toronto. …

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