Newmont buys rival Newcrest for nearly $19.5 billion to create the world's largest gold miner

[Newmont close to US $19.5 billion to acquire rival Newcrest to create the world's largest gold miner] Mining giant Newmont is about to strike a deal to acquire Australia's Newcrest Mining Company for nearly A $29.4 billion (US $19.5 billion), creating the world's largest gold miner, according to people familiar with the matter. It is reported that the two companies are in the final stages of negotiations and may announce an agreement on a binding offer in the next few days.