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Newcrest investors green light Newmont merger

Shareholders in Australia’s biggest gold miner, Newcrest, have overwhelmingly voted in favour of a $26.2 billion merger with US gold mining giant Newmont.

The merger will turn New York-listed Newmont into the world’s largest gold miner with a combined 19 assets, including Newcrest’s Cadia mine in NSW and the Lihir mine in Papua New Guinea.

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Elouise Fowler is a journalist for The Australian Financial Review based in the Melbourne office. Connect with Elouise on Twitter. Email Elouise at elouise.fowler@afr.com.au

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    Original URL: https://www.afr.com/link/follow-20180101-p5ebzs