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Newmont Mining to buy Goldcorp to create one of world’s biggest gold producers
VANCOUVER — Denver-based Newmont Mining Corp. and Goldcorp Inc. of Vancouver have agreed to combine their gold companies in a deal worth about US$10 billion.
The companies announced today that Newmont will exchange 0.328 of a share and two cents for each of Goldcorp’s outstanding common shares.
The deal has the unanimous support of the directors of both companies but requires regulatory approvals in several countries.