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.
A Cup Day listing ceremony signals the dawn of a new era in Australian mining, which should be defined by gold sector M&A and a scramble for size and operational synergies.
As Newmont boss Tom Palmer – an Australian running the world’s biggest gold company – rang the ASX bell in Sydney on Tuesday, smaller players and their investors were trying to work out how to capitalise on the significantly changed Australian landscape.
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Mining
Fetching latest articles