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Newmont Mining to take over Goldcorp in $10 billion acquisition deal

from Globe and Mail

Goldcorp Inc. has agreed to a $10 billion takeover by Newmont Mining Corp. that sees the Vancouver company, once the world's most valuable gold miner, acquired by a U.S. competitor at a fraction of its peak value. The Goldcorp takeover is the second big deal in the past few months involving a large Canadian gold company. Toronto-based Barrick Gold Corp. recently closed its $6 billion acquisition of African operator Randgold Resources Ltd. more


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