Newmont Reportedly in Talks With Lihir

Newmont Mining is in the early stages of discussion with advisers to take over Australia's Lihir Gold, a report says.
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DENVER (

TheStreet

) --

Newmont Mining

(NEM) - Get Report

is in the early stages of discussion with advisers to take over Australia's

Lihir Gold

(LIHR)

,

Reuters

reports, citing a report published by the

Australian Financial Review

.

Lihir has rejected an $8.45 billion offer from

Newcrest Mining

and hired Macquarie Capital Advisers and Greenhill Caliburn to advise on other options.

Newmont, alongside

Barrick Gold

(ABX)

, the world's largest gold producer, are viewed as potential buyers for Lihir, but it remains to be seen whether either firm is seriously considering alternative offers,

Reuters

reports, citing the Australian paper.

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