# Newmont to proceed with Goldcorp acquisition

Newmont Mining Corp. announced that its $10 billion deal to purchase Goldcorp Inc. is moving forward after Goldcorp obtained an interim plan of arrangement. Goldcorp shareholders will vote on the acquisition on April 4, 2019.

- Type: Acquisition
- Announced: 2019-02-22
- Where: Nevada, United States
- Value: $10.0B
- Status: announced
- Products: gold mining
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Newmont Mining](https://endata.com/companies/23816.md)
- [Barrick Gold](https://endata.com/companies/12881.md) (acquirer)
- [Goldcorp](https://endata.com/companies/21429.md) (target)
- [Newmont Mining](https://endata.com/companies/23816.md) (acquirer)

## Sources

- [financialpost.com](https://financialpost.com/investing/newmont-to-move-forward-with-goldcorp-purchase-ignoring-possible-barrick-offer/), 2019-02-22: "We remain confident that the combination of Newmont and Goldcorp represents an unparalleled opportunity to create value for our shareholders and deliver industry-leading returns for decades to come."
- [e-mj.com](https://www.e-mj.com/breaking-news/newmont-rejects-barrick-takeover-proposes-nevada-joint-venture/), 2019-03-07: "Our thorough review of Barrick's unsolicited proposal and its associated risks has reaffirmed our conclusion that the combination of Newmont and Goldcorp represents the best opportunity to create value for Newmont's shareholders."
- [biv.com](https://www.biv.com/news/resources-agriculture/goldcorp-saga-end-mega-merger-8255519), 2019-03-11: "In one of the largest mining mergers in recent history, Newmont Mining Corp. will absorb B.C.’s second-largest mining company, Goldcorp in April, to create the world’s largest gold mining company."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.