Finance / Australia
Newcrest Spots Golden M&A Opportunity
September 2010 | Deal of the WeekOnce again during a time of economic uncertainty, investors are flocking to the safe-haven asset of gold. Indeed, Newcrest Mining 's US$8bn acquisition of Papau New Guinea-based Lihir Gold comes against the backdrop of global macro trends in data, equities and fixed income suggesting significant downside risks to the global economy over the medium term.
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