August
Newmont non-core asset sales pegged for end-year; Macquarie on board
MacCap’s resources bankers are back on the tools, and soft soundings are under way.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Northern Star boss says China’s reserves are gold’s best bull signal
Australia’s biggest gold miner, Northern Star boss Stuart Tonkin, said the race for the White House is not the main game as far as gold is concerned.
- Brad Thompson
April
Buy Newmont to benefit from gold price surge, Citi urges
Shares in the gold miner, which merged with Newcrest last year, have fallen. But the investment bank says that should be more than overcome this year.
- Joshua Peach
UBS, Barrenjoey, BofA top M&A league table in blockbuster-free quarter
Saint-Gobain’s $4.3 billion bid for building materials giant CSR was the biggest deal for the quarter with Barrenjoey and Lazard on for advice.
- Sarah Thompson, Kanika Sood and Emma Rapaport
February
Perseus eyes Newmont’s gold mine for sale
Newmont will sell six gold mines across Australia, Ghana and North America, and the fourth-biggest ASX gold producer is throwing its hat in the ring.
- Peter Ker
Newmont puts Telfer, Havieron mines in WA up for sale
The world’s top gold producer is seeking to sell six mines and two projects as part of an effort to generate $3.1 billion in cash.
- Jacob Lorinc
January
Newmont to slide down ASX 200 as investors ditch secondary listings
The gold giant’s addition to the Australian Stock Exchange is expected to see a major reshuffle of the indices and $746 million worth of trading at the quarterly rebalance.
- Alex Gluyas
From Cobar to Colorado: Aussie Tom Palmer’s rise to global mining CEO
He led a foreign raid on the nation’s top gold miner. But Tom Palmer is also the Cobar kid who wants Newmont to be the top gold pick for Australian investors.
- Peter Ker
December 2023
Inside ‘Project Havana’, the $26b merger that shaped Aussie M&A
Newcrest’s tie-up with US peer Newmont resulted in it leaving the ASX after 36 years in December, and more delistings should keep bankers busy in 2024.
- Aaron Weinman
- Updated
- Critical minerals
Sacked CEO sues SolGold after boardroom stoush
BHP and Newmont’s struggling Ecuadorian copper play has hit more trouble, with former CEO Darryl Cuzzubbo filing a multimillion-dollar breach of contract claim.
- Updated
- Peter Ker
- Analysis
- Sharemarket
Will Newmont’s secondary listing work? History says it will be hard
Navigating investor apathy and keeping management’s attention on local shareholders is not easy, as Singtel and Janus Henderson have found.
- Tom Richardson
November 2023
Newmont boss counters M&A talk around Telfer
Broken Hill-born Tom Palmer says running the world’s biggest gold miner without an office is working out fine for him.
- Brad Thompson
- Opinion
- Chanticleer
Newmont ascension resets race for gold riches
Australia’s gold miners have a remarkable ability to wheel and deal their way to riches. Newmont’s re-entry to the ranks restarts the race.
- Anthony Macdonald
October 2023
Newcrest investors green light Newmont merger
The acquisition of Australia’s biggest gold producer will extend US-based Newmont’s lead as the world’s No.1 gold company.
- Updated
- Elouise Fowler
- Opinion
- Chanticleer
Inside Newmont’s copper-tinged pitch to Aussie investors
On the eve of his takeover of Newcrest, Newmont CEO Tom Palmer wants to make it clear the gold giant has more than one string to its bow.
- James Thomson
September 2023
How mine safety became a winning strategy for Orica
Automation is helping to keep miners safe, boost productivity and explore risky shafts.
- Christopher Niesche
Newmont $29b takeover to spur massive liquidity event (that few are watching)
Success is judged by liquidity – the degree to which trading occurs on the ASX. There have been plenty of failures.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Fortescue executive was ‘very wise’ to quit, says rival mining boss
Interim Newcrest chief Sherry Duhe has assured Christine Morris she did the right thing in leaving the miner after just two months.
- Peter Ker
Why I support the Voice: Bill Ferris’ letter to his grandchildren
Pioneer venture capitalist Bill Ferris is making a novel, late intervention in the Voice debate, writing a letter to his grandchildren supporting the Yes vote.
- Andrew Clark
August 2023
Newcrest forks out cash to former CEO, COO
Sandeep Biswas, who presided over the miner for almost nine years and left last year after complaints about his leadership, took home $6.47 million.
- Elouise Fowler and Peter Ker