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.
DENVER (
) --
Newmont Mining
(NEM) - Get Newmont Corporation 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
.
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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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