Published: 2019.01.17. Newmont Mining will be the world's leader in gold mining

Newmont Mining will be the world's leader in gold mining - Preview

Four months later, after a major merger, one more purchase in the gold market became known in the gold mining sector. Newmont Mining Corp. plans to buy its rival Goldcorp Inc.

Soon, in exchange for gold mining, a historic deal will be made involving two large gold mining companies, namely: Newmont Mining intends to fully buy its rival Goldcorp, which will allow it to become the world leader in gold mining. According to some estimates, the cost of the transaction will be $ 10 billion. This is reported by Bloomberg.

If we take the gold production of the two companies Newmont and Goldcorp in 2017, it turns out that they accounted for 8 million ounces of yellow precious metal, which makes them the world's leader in gold mining.