Friday February 15, 4:23 am Eastern Time
Newmont gets 66 percent of Normany Mining
DENVER, Feb 15 (Reuters) - Newmont Mining Corp. on Friday said it has acquired a relevant interest in more than 66 percent of the shares of Australia's Normandy Mining Ltd. (Australia:NDY.AX - news) and declared its bid free of all remaining conditions.

All remaining conditions necessary to complete Newmont's acquisitions of Normandy and Franco-Nevada Mining Corp. Ltd (Toronto:FN.TO - news), creating the world's biggest gold miner, have been satisfied or waived, it said.

Newmont said on Wednesday that arranged for payment to be made to Normandy shareholders at the close of trading on February 20 on the Australian Stock Exchange, as long as it acquires at least 50.1 percent of Normandy's shares by Feb. 15.

As previously announced, Newmont said it will complete its acquisition of Franco-Nevada on Feb. 16.

$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

...und damit wird ein weiterer Hedger verschwinden! Es wird eng für die Goldshorter.

Gruss

tofir



<center>

<HR>

</center>

>Friday February 15, 4:23 am Eastern Time
>Newmont gets 66 percent of Normany Mining
>DENVER, Feb 15 (Reuters) - Newmont Mining Corp. on Friday said it has acquired a relevant interest in more than 66 percent of the shares of Australia's Normandy Mining Ltd. (Australia:NDY.AX - news) and declared its bid free of all remaining conditions.

Schön. Meine NDY sind auch darunter ;-))

>As previously announced, Newmont said it will complete its acquisition of Franco-Nevada on Feb. 16.
>$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
>...und damit wird ein weiterer Hedger verschwinden! Es wird eng für die Goldshorter.

Franco-Nevada ist kein Shorter und war auch nie einer. Müssen sie auch nicht, der Großteil der Einnahmen von FN stammt aus Royalties.

>Gruss
>tofir

Gruß
Diogenes


<center>

<HR>

</center>

>Franco-Nevada ist kein Shorter und war auch nie einer. Müssen sie auch nicht, der Großteil der Einnahmen von FN stammt aus Royalties.
>Gruß
>Diogenes

Klar, gemeint war ja auch Normandy...

Gruss

tofir


<center>

<HR>

</center>