Newmont Sweetens Newcrest Offer With $19.5 Billion Bid

The transcript discusses the potential acquisition of Newcrest by Newmont, highlighting the support from Newcrest's second-largest shareholder, Alan Gray. The acquisition is likely due to Newcrest's valuable gold and copper assets, which are crucial for long-term production and the energy transition. Analysts believe the deal will likely proceed, making Newmont the world's largest gold miner.

What is the stance of Alan Gray, the second biggest shareholder, on the Newcrest deal?

• They are against the deal.

• They are undecided about the deal.

• They are positively disposed to the deal.

• They have not expressed any opinion.

What is the expected outcome of the Newcrest deal according to analysts?

• The deal is unlikely to go through.

• The deal is likely to go through.

• The deal has already been rejected.

• Analysts have not commented on the deal.

Why is Newmont interested in acquiring Newcrest?

• Newcrest is not involved in gold mining.

• Newcrest has a large number of new assets with long life spans.

• Newcrest is a small gold miner.

• Newcrest has no significant assets.

What makes Newcrest's copper production attractive to Newmont?

• Copper demand is expected to decrease.

• Copper is not important for the energy transition.

• Copper is not a commodity Newmont is interested in.

• Copper is vital for the energy transition and demand is expected to double.

What is one of the main reasons for Newmont's interest in Newcrest?

• Newcrest's involvement in the technology sector.

• Newcrest's large copper reserves.

• Newcrest's lack of resources.

• Newcrest's focus on agriculture.