NEWCREST MINING LIMITED - ASX Briefs

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NEWCREST MINING LIMITED (ASX: NCM)

NCM: Newcrest enters into scheme implementation deed with Newmont

NEWCREST MINING LIMITED

Newcrest Mining Limited and Newmont Corporation enter a binding scheme for Newmont to acquire 100% of Newcrest shares.
Newcrest shareholders to receive 0.400 Newmont shares for each Newcrest share held and possibly a franked special pre-completion dividend of up to US$1.10 per share.
The transaction aims to establish a global leader in gold production by combining two of the world's largest producers with significant exposure to copper.

2023-05-15 07:30:00

NCM: Revised non-binding indicative proposal from Newmont

NEWCREST MINING LIMITED

Revised non-binding proposal from Newmont to acquire 100% of Newcrest shares with a 0.400x exchange ratio and a franked special dividend of up to US$1.10 per share.
The proposal represents an aggregate implied value of A$32.87 per share for Newcrest shareholders.
Newcrest has agreed to grant Newmont due diligence opportunity to put forward a binding proposal.

2023-04-11 08:39:00

NCM: Update on non-binding indicative offer from Newmont

NEWCREST MINING LIMITED

The Board of Newcrest has unanimously determined to reject the offer from Newmont as it does not represent sufficient value for shareholders.
The Board is prepared to provide access to limited, non-public information on a non-exclusive basis to Newmont, subject to certain conditions.
Newcrest considers itself to be uniquely positioned with a portfolio of long-life Tier 1 gold and copper assets.

2023-02-16 08:18:00

NCM: Lihir Phase 14A Feasibility Study Unlocks Value

NEWCREST MINING LIMITED

Feasibility Study demonstrates attractive financial returns and a 2.9 year payback
Incremental ~400koz of Phase 14A gold production expected over the next 4 years
Study work underway to apply steep wall mining in the north and east of the Kapit orebody, with the potential to extend the elevated production profile beyond FY31

2023-01-25 09:02:00