![Newmont moves a step closer to acquisition of Newcrest Mining](https://im-mining.com/site/wp-content/uploads/2022/03/Screenshot-2022-03-04-150334-1024x363-Newcrest-e1647932579863-390x260.jpg)
Following completion of due diligence, Newmont says it has entered into a binding Scheme Implementation Deed (SID) under which Newmont will acquire 100% of the issued share capital in Newcrest by way of an Australian court-approved Scheme of Arrangement. This circa-$18 billion deal will result in Newmont – already the largest gold miner by production[…]