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Newmont wins Santa Fe, with further gold deals expected.

Authors :
Bagli, Charles V.
Source :
New York Times. 3/11/97, Vol. 146 Issue 50728, pD1.
Publication Year :
1997

Abstract

Reports the Newmont Mining Corporation, on March 10, 1997, announced an agreement to acquire the Santa Fe Pacific Gold Corporation for $2.43 billion in stock. Estimated gold production and proven reserves of the combined company; Possibility the deal could pressure Newmont to cut jobs; Share prices of Newmont and Santa Fe stock; Other possible takeover targets, including Battle Mountain Gold Co., and the Getchell Gold Corp.

Details

Language :
English
ISSN :
03624331
Volume :
146
Issue :
50728
Database :
Academic Search Index
Journal :
New York Times
Publication Type :
News
Accession number :
9703121830