National Interest Test

No merger between Newcrest, Newmont: Maru

Minister for International Trade and Investment, Richard Maru said this today when meeting with the high-level Executives of Newcrest Mining and Newmont Corporation including the President and the CEO of the Newmont Corporation, Tom Palmer.

“We are excited for Newmont Corporation to come but according to Section 277 (6) of the Capital Market Act 2015 we cannot approve the merger unless the requirements of the National Interest Test are met,” said Maru.