Newmont Falls After Analysts Offer $17B for Newcrest Mining (NYSE:NEM)

nugget of gold

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Newmont (NYSE: NO) -4.1% in trading Monday after falling as much as 6% following news that it offered to acquire Newcrest Mining ( OTCPK:NCMGF ) ( OTCPK:NCMGY ) in an all-stock deal valued at $16.9 billion.

Newmont (NEM), already the largest gold in the world

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