In a recent piece, I laid out No. 2 gold digger Newmont Mining's
Yesterday, Newmont announced a friendly takeover bid for Miramar Mining
The friendly aspect of the bid, in case you're unfamiliar, means that Miramar's management welcomes the takeover. That's a less stressful situation than the one Yamana Gold
This is another in a string of assertive moves since Newmont gave its old CEO the heave-ho. I don't necessarily see this action as presaging some sort of manic gold grab, but I certainly expect Newmont, for one, to keep plucking projects for its pipeline.
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